Lynch Acquisition Nears Court Approval, Trading Suspension Looms

Shareholders Signal Strong Support

In a decisive show of confidence, Lynch Group Holdings Limited (ASX – LGL) shareholders have overwhelmingly voted in favor of the company’s proposed acquisition by Darwin Aus Bidco Pty Ltd. The scheme resolution passed with an extraordinary 99.94% of votes cast supporting the transaction, underscoring broad shareholder endorsement of the deal.

This vote marks a critical milestone in the acquisition process, reflecting shareholder alignment with the strategic direction and terms outlined in the Scheme Booklet released last month. The near-unanimous approval suggests investors are optimistic about the benefits the acquisition could bring, including potential operational synergies and enhanced market positioning under new ownership.

Next Steps – Court Approval and Trading Suspension

While the shareholder vote is a significant step forward, the scheme remains contingent on final approval by the Federal Court of Australia. The court hearing is scheduled for 2 – 15pm AEDT on Thursday, 27 November 2025. Provided the court grants its approval and all other conditions precedent are satisfied or waived, the scheme will become legally effective upon lodgement of court orders with the Australian Securities and Investments Commission, expected on 28 November.

Following this, Lynch shares are anticipated to be suspended from trading on the ASX at the close of 28 November 2025. The formal implementation of the scheme, which will transfer ownership to Darwin Aus Bidco, is planned for Tuesday, 9 December 2025. These dates remain subject to change, with any updates to be communicated promptly to the market.

Implications for Lynch and Its Investors

The acquisition represents a pivotal moment for Lynch Group, a key player in the facilities management sector. Transitioning to private ownership under Darwin Aus Bidco could enable more flexible strategic initiatives away from the public market’s quarterly pressures. For shareholders, the scheme offers a clear exit opportunity at agreed terms, which evidently resonated strongly given the overwhelming vote in favor.

Market watchers will be keenly observing the upcoming court hearing and any developments regarding the satisfaction of outstanding conditions. The smooth execution of the scheme will be critical to maintaining investor confidence and ensuring an orderly transition.