Elph Investments Extends Takeover Bid for Engenco Limited

Tip Ranks
2025.05.23 01:57
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Elph Investments Pty Ltd has extended its off-market takeover bid for Engenco Limited (AU:EGN) until 7:00pm on June 27, 2025. This extension allows shareholders more time to consider the unchanged proposal, potentially affecting Engenco's market position and shareholder decisions. Engenco currently has a market cap of A$91.64M and an average trading volume of 94,919 shares.

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Engenco Limited ( (AU:EGN) ) has issued an update.

Elph Investments Pty Ltd has announced an extension of its off-market takeover bid for all ordinary shares in Engenco Limited, a company listed on the ASX. The offer period has been extended to 7:00pm on 27 June 2025, providing more time for shareholders to consider the proposal. This extension may impact Engenco’s market position and shareholder decisions, as the terms of the offer remain unchanged.

More about Engenco Limited

Average Trading Volume: 94,919

Technical Sentiment Signal: Hold

Current Market Cap: A$91.64M

Find detailed analytics on EGN stock on TipRanks’ Stock Analysis page.

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