Yumbah Aquaculture's takeover bid update for East 33

Yumbah Aquaculture Ltd (ACN 082 219 636) has provided a notice to ASX Limited and East 33 Limited (ASX:E33) regarding the freeing of its off-market takeover bid from all unfulfilled conditions under Chapter 6 of the Corporations Act 2001 (Cth). The notice, dated 26 September 2024, signifies the Offer's release from specific conditions outlined in the Bidder's Statement.

Executive Commentary on Yumbah Aquaculture's Notice

Yumbah Aquaculture Ltd has successfully freed its takeover offer from the remaining conditions, as detailed in the Bidder's Statement. This development marks a significant step in the progression of the off-market takeover bid for East 33 Limited. We are pleased to have reached this milestone and look forward to the potential outcomes of the bid.

Summary of Yumbah Aquaculture's Takeover Bid Update

Yumbah Aquaculture Ltd (ACN 082 219 636) has officially released its off-market takeover bid for East 33 Limited (ASX:E33) from all unfulfilled conditions, as per the notice dated 26 September 2024. The Offer is now freed from specific conditions outlined in the Bidder's Statement, signifying a significant development in the takeover process. With Yumbah's voting power in E33 currently at 65.18%, the company continues to progress towards its acquisition goals. The successful freeing of the Offer from remaining conditions sets the stage for potential advancements in the acquisition process and underscores Yumbah Aquaculture's commitment to the bid.