G8 Education Limited (ASX:GEM) Responds to ASX Aware Letters
Regulatory Compliance
G8 Education Limited (ASX: GEM) has responded to ASX’s aware letters concerning the disclosure of information about a former employee charged with offences involving children. The company stated that the information was already publicly available and does not have a material effect on its securities. G8 Education confirmed compliance with Listing Rule 3.1 and affirmed that the board authorised its responses.
Share Price Impact
Following the announcement on 2 July 2025, the volume of GEM’s securities traded on that day significantly increased. The company’s share price declined by approximately 20% between 1 July and 11 July 2025. G8 Education attributed the decline to multiple factors, including regulatory uncertainties and negative public sentiment towards the childcare sector, rather than the specific information disclosed.
Motley Fool contributor Lauren Surplice has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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