EGN.ASX: Completion of Dispatch of Bidder's Statement - Offer Open

Completion of Dispatch of Bidder's Statement - Offer Open

Stock	Engenco Ltd (EGN.ASX)
Release Time	28 Apr 2025, 3:23 p.m.
Price Sensitive	Yes

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Completion of Dispatch of Bidder's Statement - Offer Open

Key Points

Elph Investments Pty Ltd has completed dispatch of its bidder's statement for an off-market takeover bid for all Engenco Ltd shares
Offer price of $0.305 cash per Engenco share
Offer open from 28 April 2025 and scheduled to close on 30 May 2025

Full Summary

Pinsent Masons, acting on behalf of Elph Investments Pty Ltd, has announced the completion of dispatch of Elph Investments' bidder's statement for 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). Subject to the terms of the offer, Elph Investments is offering to acquire all Engenco shares at a price of $0.305 cash per share. The bidder's statement, which was lodged with ASIC on 7 April 2025, sets out the details of the offer, including the terms and conditions of accepting the offer. Shareholders are urged to read the bidder's statement carefully and to accept the offer as soon as possible. The offer opened on 28 April 2025 and is scheduled to close at 7:00pm (Sydney time) on 30 May 2025, unless extended or withdrawn as permitted by the Corporations Act.