Lynch Group shareholders approve acquisition scheme, re-elect director

Lynch Group Holdings Limited (Lynch) announced that shareholders overwhelmingly approved the acquisition of all shares by Darwin Aus Bidco Pty Ltd via a scheme of arrangement. At the Scheme Meeting held on November 21, 2025, 99.94% of votes cast by Lynch shareholders were in favor of the Scheme Resolution. The Scheme remains subject to Federal Court approval at a hearing on November 27, 2025. If approved, Lynch shares are expected to be suspended from trading on the ASX from close of trading on November 28, 2025, with the Scheme implemented on December 9, 2025.

Additionally, Lynch held its annual general meeting on November 21, 2025, where all resolutions were passed. Shareholders approved the adoption of the remuneration report and the re-election of director Elizabeth Hallett. For the remuneration report, 99.98% of votes cast were for the resolution, while for the re-election of Elizabeth Hallett, 99.51% were for.