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Mayfield Childcare Limited (ASX:MFD)

ALERT: Price-sensitive ASX Announcement for MFD
Current share price for MFD : $0.140 -0.28 (-66.67%)+
Announcement
Release
9 Mar 2026 8:29AM
Price at Release
$0.420
Full Release
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Summary
Embark Early Education Limited (ASX:EVO) announced the close of its off-market takeover bid for Mayfield Childcare Limited (ASX:MFD), which concluded at 7.00pm (AEST) on 5 March 2026. The bid resulted in Embark acquiring a 39.49% voting power in Mayfield, with a total of 29,782,284 shares accepted. The acceptances comprised 98% opting for cash election and 2% for scrip election. Embark plans to issue shares for the scrip election on 11 March 2026 and dispatch cheques for the cash election on 12 March 2026. The announcement was authorized by Embark Early Education Limited's Board of Directors.
Key Points
  • Embark Early Education Limited completed a takeover bid for Mayfield Childcare Limited.
  • The bid closed on 5 March 2026 at 7.00pm (AEST).
  • Embark acquired a 39.49% voting power in Mayfield.
  • A total of 29,782,284 shares were accepted.
  • 98% of acceptances were for cash election, 2% for scrip election.
  • Shares for the scrip election to be issued on 11 March 2026.
  • Cheques for the cash election to be dispatched on 12 March 2026.
  • The announcement was authorized by Embark Early Education Limited's Board.
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.