EVO Offer For MFD Shares - Holding Pattern
Key points
- Embark Early Education Ltd made an off-market takeover offer for Mayfield Childcare Ltd
- There may have been a substantial shareholder acceptance missed in the reconciliation
- The matter is being investigated and a market update will be provided
Full summary
Embark Early Education Limited (ASX:EVO) has referred to their off-market takeover offer for the ordinary shares in Mayfield Childcare Limited (ASX:MFD) (Mayfield) which closed at 7.00pm (AEST) on 5 March 2026. It has come to the attention of Embark that there may have been a substantial shareholder acceptance into the Takeover Bid, before the Takeover Bid closed, that was missed in the reconciliation by the Registry. This matter is presently being investigated and Embark will provide a market update as soon as this has been resolved.
Summary generated by a large language model. Please interpret with care.