Latest Yowie Group (Asx:Yow) News

Yowie Group Limited has extended and increased its secured working capital loan facility with Keybridge Capital, adjusting terms to support ongoing liquidity.

The Takeovers Panel has declined to investigate alleged breaches related to Yowie Group’s recent share placement and funding arrangements, finding no material impact on company control or disclosure issues.

Yowie Group Limited has been sanctioned by ASIC for failing to lodge key financial reports, forcing the confectionery company to issue a full prospectus for capital raising until mid-2026. This regulatory setback follows a turbulent period marked by board changes and trading suspensions.

The Takeovers Panel has decided not to declare unacceptable circumstances following Keybridge Capital's challenge to Yowie Group's off-market takeover bid, which has now been withdrawn.

The Takeovers Panel has declined to find unacceptable circumstances in two recent applications concerning Yowie Group's share placement and related fund unit issues, providing clarity on governance and control matters.

Yowie Group Limited has explained the delayed filing of director interest notices following a contested board change, committing to stronger governance measures to prevent future lapses.

Yowie Group has arranged a $1 million short-term funding facility from parent Keybridge Capital to manage cash flow while investigating former directors' use of funds and intra-group loans.

Yowie Group has decided not to proceed with its planned takeover bid for Keybridge Capital after a key condition was triggered, signaling a strategic retreat.

Yowie Group has appointed Jesse Hamilton as its new Company Secretary, following the resignation of John Patton. The company also confirmed the automatic termination of executive roles held by former directors Nicholas Bolton and John Patton.

The Takeovers Panel has issued interim orders preventing Yowie Group Ltd from processing acceptances or declaring unconditional its takeover bid for Keybridge Capital Limited, maintaining the status quo amid ongoing proceedings.

Keybridge Capital has lodged formal applications with the Takeovers Panel contesting Yowie Group’s off-market takeover offer, citing alleged legal circumvention and disclosure issues. The dispute raises questions about control dynamics and shareholder rights in the unfolding corporate tussle.

Yowie Group Ltd has formally applied to the Takeovers Panel for a review of its recent decision involving Keybridge Capital Limited, signaling ongoing regulatory scrutiny in this corporate governance matter.