Southern Missouri Bancorp sets Jan 17 deadline for Citizens shareholders to elect merger consideration

SOUTHERN MISSOURI BANCORP, INC.

Election deadline: January 17, 2023 at 5:00 p.m. EST for Citizens shareholders to choose form of merger consideration.
Shareholders may elect 1.1448 shares of SMBC stock or $53.50 cash per Citizens share, subject to proration.
Overall consideration mix targeted: 75% stock, 25% cash; unselected shares receive the undersubscribed form.
Transaction already approved by both companies’ shareholders; closing subject to customary conditions.

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