FilingReader Intelligence

Johns Lyng Group acquisition by Sherwood BidCo approved by court

October 13, 2025 at 10:08 AM UTCBy FilingReader AI

The Supreme Court of New South Wales has approved the scheme of arrangement for Johns Lyng Group Limited (JLG), allowing Sherwood BidCo Pty Ltd (Bidder) to acquire 100% of JLG shares. Sherwood BidCo is an entity owned and controlled by funds managed and advised by Pacific Equity Partners Pty Limited.

The Court's orders are expected to be lodged with the Australian Securities and Investments Commission on Tuesday, 14 October 2025. Upon lodgement, the Scheme will become legally effective, and JLG Shares will be suspended from trading on ASX from the close of trading on the same day.

The implementation date for the Scheme is scheduled for Thursday, 23 October 2025, with the time and date for determining entitlements to Scheme Consideration set for 7:00 PM on Thursday, 16 October 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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