Elph Investments' Offer Unconditional

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Stock Engenco Ltd (EGN.ASX)
Release Time 18 Jun 2025, 4:24 p.m.
Price Sensitive Yes
 Elph Investments' Offer for Engenco Becomes Unconditional
Key Points
  • Elph Investments declares its off-market takeover bid for Engenco unconditional
  • Offer consideration to be dispatched to accepting shareholders
  • Offer scheduled to close on 27 June 2025 (unless further extended or withdrawn)
Full Summary

Elph Investments Pty Ltd has declared its off-market takeover bid for Engenco Limited (ASX:EGN) unconditional, freeing the offer from all defeating conditions. The terms of the offer are contained in Elph Investments' bidder's statement dated 7 April 2025 and its first supplementary bidder's statement dated 5 June 2025. With the offer now unconditional, the offer consideration will be dispatched to Engenco shareholders who have accepted the offer in accordance with the timeframes detailed in the bidder's statement. The offer is scheduled to close at 7:00pm (Sydney time) on 27 June 2025, unless further extended or withdrawn.