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Market Roundup: Deals, Pauses, and Leadership Changes

Envirosuite Ltd Pauses Trading Envirosuite Ltd has announced a temporary pause in trading of its securities, pending a further announcement from the company. The reason for the trading pause is not specified in the announcement.

Envirosuite Agrees to Acquisition by Ideagen In a separate announcement, Envirosuite Limited has entered into a Scheme Implementation Deed with Ideagen Limited to acquire 100% of Envirosuite's shares for A$0.090 per share, representing a 109.3% premium to the last closing price. The Envirosuite Board unanimously recommends the Scheme, subject to no Superior Proposal and the Independent Expert concluding it is in the best interests of shareholders.

PEXA Reports Solid 3Q25 Performance PEXA Group has provided a 3Q25 update, with trading volumes in line with expectations. The company reaffirmed its FY25 guidance, though noted ongoing assessment by the new CEO may impact guidance on certain items. The business saw continued progress in Australia and the UK, with growth across the Digital Solutions segment.

PolyNovo Requests Trading Halt PolyNovo Ltd has requested an immediate trading halt in respect of its securities, pending the release of an announcement on a significant collaboration with Beta-Cell Technologies.

Botanix Pauses Trading, Responds to Price Query Botanix Pharmaceuticals Ltd has announced a temporary pause in trading of its securities, pending a further announcement from the company. In a separate announcement, Botanix responded to an ASX price query, stating that it does not expect a proposed US executive order on drug pricing to impact the company, as its products are approved in different markets.

IDP Education Announces Chair Succession IDP Education Ltd has announced that Tracey Horton AO will succeed Peter Polson as Chair, following Polson's decision to retire from the Board. Horton, an experienced Chair and Non-Executive Director, will commence her role on 16 June 2025.