EVO.ASX: Update on Takeover Bid for MFD

Update on Takeover Bid for MFD

Stock	Embark Early Education Ltd (EVO.ASX)
Release Time	21 Nov 2025, 11:20 a.m.
Price Sensitive	Yes

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Embark Updates Takeover Bid Timeline for MFD

Key Points

Embark revises indicative lodgement date for Bidder's Statement to 19 December 2025
Indicative dispatch date for Bidder's Statement revised to 5 January 2026
Offer remains conditional as previously announced

Full Summary

Embark Early Education Ltd (ASX:EVO) has provided an update on its previously announced conditional off-market takeover bid for all the ordinary shares it does not already own in Mayfield Childcare Limited (ASX:MFD). In its announcement dated 7 November 2025, Embark had indicated an initial indicative date for the lodgement of the Bidder's Statement with ASIC of 24 November 2025 and an indicative date for dispatch of the Bidder's Statement of 9 December 2025. Embark is still working to finalise its Bidder's Statement and has now revised those indicative dates. The new indicative ASIC lodgement date is no later than 19 December 2025, and the indicative dispatch date is no later than 5 January 2026. The offer remains conditional as previously announced.