SPP announced this morning for Mayfield. They are looking at a new acquisition, and are confident it will close (by end of FY26!?). Not sure on that timing and no detail about what it is. But market liked it - share price now well over the SPP - trading $2.20 SPP at $1.90. Mayfield has had quite the run in the last year, as it starts to get some traction in the data centre market - runs with almost no debt (net cash) and good ROE, growth and margins coming through nicely. Owns a lot of its own IP, which I have always liked - and now has Ellerston on board.

Details of SPP announcement below...held IRL and SM.