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Engenco Limited ( (AU:EGN) ) has shared an update.
Engenco Limited has announced that Elph Investments Pty Ltd has made an unconditional takeover offer for Engenco shares at 31 cents per share, acquiring a 92.68% interest. Engenco’s directors recommend shareholders accept the offer before the compulsory acquisition process begins, with the offer closing on June 27, 2025. The Employee Share Purchase Plan restrictions have been lifted to allow holders to accept the offer.
More about Engenco Limited
Average Trading Volume: 36,047
Technical Sentiment Signal: Hold
Current Market Cap: A$96.38M
Learn more about EGN stock on TipRanks’ Stock Analysis page.