Takeover - extension of offer period
| Stock | Engenco Ltd (EGN.ASX) |
|---|---|
| Release Time | 23 May 2025, 11:41 a.m. |
| Price Sensitive | Yes |
Takeover - extension of offer period
- Elph Investments extends Offer Period for Engenco takeover bid to 27 June 2025
- New date for giving notice of status of conditions is 20 June 2025
- No changes to other terms of the Offer
Elph Investments Pty Ltd, the bidder in the off-market takeover offer for Engenco Limited, has extended the offer period for its bid. The offer will now remain open for acceptance until 7:00pm (Sydney time) on 27 June 2025, unless further extended or withdrawn. This is an extension from the previous closing date of 30 May 2025. Elph Investments has also postponed the date for giving notice of the status of the conditions of the offer to 20 June 2025, instead of the original date of 23 May 2025. Except for the variation to extend the offer period, the terms of the offer remain the same. As of the date of the notice, the offer and each contract resulting from acceptance of the offer have not been freed from any of the conditions, and none of the conditions have been fulfilled. Accordingly, the offer and each contract resulting from acceptance of the offer remains subject to the conditions set out in the bidder's statement.