Elph Investments Pty Ltd's Bidder's Statement

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Stock Engenco Ltd (EGN.ASX)
Release Time 7 Apr 2025, 9:10 a.m.
Price Sensitive Yes
 Elph Investments Pty Ltd's Bidder's Statement
Key Points
  • Elph Investments Pty Ltd is making an off-market takeover bid for all ordinary shares in Engenco Limited
  • Offer price of $0.305 cash per Engenco Share
  • Bidder's Statement lodged with ASIC and provided to ASX on 7 April 2025
Full Summary

Elph Investments Pty Ltd, a member of the Elphinstone Group, is making an off-market takeover bid under Chapter 6 of the Corporations Act 2001 to acquire all of the ordinary shares in Engenco Limited (ASX: EGN) for $0.305 cash per Engenco Share. The Bidder's Statement, dated 7 April 2025, has been lodged with ASIC and provided to ASX in accordance with the Corporations Act. The Bidder's Statement includes the Offer terms and conditions, and certain disclosures required by the Corporations Act. Engenco Shareholders are advised to read the Bidder's Statement in its entirety and consult their financial, legal, taxation or other professional advisers if they are in any doubt as to how to deal with the document. The Offer is scheduled to open on 28 April 2025 and close at 7:00pm (Sydney time) on 30 May 2025, unless extended or withdrawn as permitted by the Corporations Act.