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At Whispir, we believe in the strength of a diverse and inclusive workforce. Our varying backgrounds, perspectives and life experiences help us build strong connections with each other and promote innovation in our business.

Whispir Takeover Offer

The Soprano DTA Offer is closing Wednesday 28 February 2024 and will not be extended.

The offer under Soprano DTA’s takeover bid for Whispir will close at 7.00pm (Sydney time) on Wednesday, 28 February 2024 (Closing Time and the Offer). Soprano DTA has stated that it will not be extending the Offer, nor will it be increasing the Offer price of $0.55 per Whispir Share.

Compulsory Acquisition

Soprano Design Technology (Australia) Pty Ltd (Soprano DTA) has a relevant interest in more than 90% of the shares in Whispir Limited (Whispir) (Shares) as a result of its takeover bid. Accordingly, Soprano DTA is now exercising its right to acquire the remaining Shares under the compulsory acquisition provisions of the Corporations Act 2001 (Cth) (the Corporations Act). The compulsory acquisition will be on the same terms as the offer (that is, consideration of $0.55 per Whispir Share).Suspension of trading In Whispir Shares The ASX has advised Whispir that, in accordance with the Listing Rules, it will suspend Whispir Shares from quotation with effect from close of trading on Thursday, 29 February 2024. Once this happens, Whispir shareholders will not be able to sell their Whispir Shares on market.Shareholders that Soprano’s DTA offer will be receive payment sooner.

Whispir as a private company While Whispir will be a wholly owned subsidiary of Soprano, Whispir will continue to operate in the market. Whispir remains focused on serving its customers and delivering innovative products to the market. The management team, with Soprano’s support, will strengthen the Whispir business, the operating rigour as well as evolving and improving the product and service further.

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Whispir is committed to upholding exceptional corporate governance policies and practices.

Corporate governance

Whispir is committed to upholding exceptional corporate governance policies and practices. Learn more about our Board of Directors responsible for Whispir’s overall governance, meet our leadership team, and browse our governance documents.

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