Revised Announcement - EVO Offer For MFD Shares

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Stock Embark Early Education Ltd (EVO.ASX)
Release Time 9 Mar 2026, 5:51 p.m.
Price Sensitive Yes
 Revised Announcement - EVO Offer For MFD Shares
Key Points
  • Embark Early Education Limited (ASX:EVO) made an off-market takeover offer for Mayfield Childcare Limited (ASX:MFD)
  • Due to a reconciliation error, the acceptances received were understated in previous announcements
  • Embark now holds a 48.58% relevant interest in Mayfield
Full Summary

Embark Early Education Limited (ASX:EVO) has released a revised announcement regarding its off-market takeover offer for Mayfield Childcare Limited (ASX:MFD). The takeover offer closed at 7:00pm (AEST) on 5 March 2026. Following detailed work by Embark's Share Registry and MUFG Corporate Markets, it was identified that due to an inadvertent Share Registry reconciliation error, the acceptances received under the Takeover Bid in both the Form 604 lodged on 6 March 2026 and the previous ASX announcement were understated. Embark in fact received valid acceptances during the Offer Period for the Takeover Bid, bringing its total shareholding in Mayfield to 36,644,512 Mayfield Shares, reflecting a total relevant interest of 48.58%. Embark will shortly release a replacement Form 604 to the ASX reflecting this revised relevant interest.