Market Alert: Gold and Silver Extend Bull Run Amid Global Uncertainty

Lodgement of Court Orders and Scheme Implementation Update

Oct 14, 2025

Johns Lyng Group Limited (ASX: JLG) has reported that the Supreme Court of New South Wales has provided final approval for the scheme of arrangement under which Sherwood BidCo Pty Ltd (the Bidder) will take full ownership of all issued JLG shares. Following the Court’s ruling on 13 October 2025, a certified copy of the orders was officially lodged with the Australian Securities and Investments Commission (ASIC), confirming that the Scheme is now in effect. Consequently, trading in JLG shares on the ASX is scheduled to cease at the end of trading on Tuesday, 14 October 2025.

The Scheme is expected to be implemented on Thursday, 23 October 2025. Shareholders recorded at 7:00pm (Sydney time) on Thursday, 16 October 2025, will receive their Scheme payment—either $4.00 in cash for each share or, for those eligible and choosing Scrip Consideration, four Topco shares per JLG share, subject to rounding.

 

 

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com