Elanor Pushes Notice Dispatch to January, Eyes February EGM

Strategic Alliance Progress

Elanor Investors Group, a prominent player in the Australian and New Zealand real estate investment sector, has announced a key update on its ongoing strategic alliance with Rockworth Capital Partners. The partnership, which aims to unlock significant value through a major transaction, has seen its timeline adjusted to accommodate critical procedural steps.

The Group has agreed with Rockworth to extend the sunset date for dispatching the Notice of Meeting to securityholders to 9 January 2026. This extension is designed to ensure all statutory lodgements and financial disclosures are completed thoroughly, following the recent FY24 Annual General Meeting and in preparation for the upcoming half-year and full-year financial results.

Upcoming Extraordinary General Meeting

With the Notice of Meeting now expected to be sent out in early January, Elanor anticipates holding the Extraordinary General Meeting (EGM) in early February 2026. This meeting will be pivotal, as securityholders will consider the Rockworth transaction alongside an Independent Expert Report. The outcome will determine the next phase of Elanor’s strategic growth and capital structure adjustments.

Financial Reporting and Regulatory Compliance

Elanor is concurrently preparing to release its HY25 financial results and Appendix 4D shortly, with the full FY25 results, Appendix 4E, and Annual Report targeted for completion by the end of January 2026. These disclosures are crucial for transparency and will provide investors with a comprehensive view of the Group’s financial health ahead of the EGM.

Additionally, the Group is actively negotiating with Keyview to extend certain covenant milestones under the Keyview Facility Agreement. This move is intended to support the successful completion of the Rockworth transaction, reflecting a proactive approach to managing financial and contractual obligations during this transitional period.

Outlook and Market Implications

Following the finalisation of financial results and the anticipated approval of the Rockworth investment and Firmus acquisition at the EGM, Elanor plans to engage with the Australian Securities Exchange (ASX) to request the lifting of the suspension on its securities. This step will be closely watched by investors, as it signals a return to normal trading conditions and confidence in the Group’s strategic direction.

Overall, Elanor’s measured approach to extending deadlines and ensuring comprehensive reporting underscores its commitment to regulatory compliance and shareholder engagement. The coming weeks will be critical in determining how this strategic alliance reshapes the Group’s portfolio and market positioning.