InvestSMART

Lynch Group Holdings Limited (ASX:LGL)

ALERT: Price-sensitive ASX Announcement for LGL
Current share price for LGL : $2.150 0 (0%)+
Release
28 Nov 2025 7:06PM
Price at Release
$2.150
Full Release
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Summary
On 28 November 2025, the Australian Securities Exchange (ASX) announced that the securities of Lynch Group Holdings Limited (LGL) would be suspended from quotation at the close of trading on the same day. This suspension was pursuant to Listing Rule 17.2, which followed the lodging of the Federal Court of Australia’s orders with the Australian Securities and Investments Commission (ASIC) approving the scheme of arrangement. This scheme involves Darwin Aus Bidco Pty Ltd acquiring all the issued shares in LGL.
Key Points
  • Suspension of LGL securities from quotation
  • Approval of a scheme of arrangement by Federal Court
  • Darwin Aus Bidco Pty Ltd to acquire all issued shares in LGL
  • ASX Listing Rule 17.2 invoked for suspension
  • Federal Court orders lodged with ASIC
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.