Embark Early Education Dispatches Consideration for Mayfield Shareholders in Off-Market Takeover Bid, Shares Rise 3%

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Embark Early Education (ASX:EVO) said that it dispatched consideration to Mayfield Childcare (ASX:MFD) shareholders who accepted its off-market takeover offer for ordinary shares in Mayfield, according to a Friday Australian bourse filing.

For those who elected to receive the scrip consideration, the Embark shares were issued on Wednesday, March 11, while for those who elected for a cash consideration, cheques were dispatched on Thursday, March 12.

Embark's shares climbed 3% in recent trading on Friday.

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