Notice Under s650F(1) Of Corporations Act 2001
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| Stock | Embark Early Education Ltd (EVO.ASX) |
|---|---|
| Release Time | 5 Feb 2026, 10:23 a.m. |
| Price Sensitive | Yes |
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Embark Early Education Ltd Frees Takeover Bid from Defeating Conditions
Key Points
- Embark Early Education Ltd declares its off-market takeover bid for Mayfield Childcare Ltd free from minimum acceptance and ASX listing rule conditions
- Bid now only subject to no prescribed occurrence and quotation conditions
- Embark holds 20.27% voting power in Mayfield
Full Summary
Embark Early Education Ltd (ASX:EVO) has provided a formal notice under section 650F of the Corporations Act 2001 declaring its off-market takeover bid to acquire all ordinary shares of Mayfield Childcare Ltd (ASX:MFD) free from the minimum acceptance condition and the satisfaction of all ASX Listing Rule requirements condition. The bid is now only subject to the no prescribed occurrence condition and the quotation condition. Embark currently holds a 20.27% voting power in Mayfield. The announcement comes as part of Embark's ongoing takeover offer for Mayfield, which was first announced on 5 January 2026 through the release of Embark's Bidder's Statement.
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