On Nut Road Completes 100% Donaco Share Acquisition at $0.045 per Share

Acquisition Completion

Donaco International Limited has officially completed the scheme of arrangement under which On Nut Road Limited acquired all remaining shares it did not already own. This marks the end of Donaco’s status as an independent publicly traded company on the Australian Securities Exchange (ASX).

Shareholders who held Donaco shares as of the record date on 12 August 2025 received a cash payment of 4.5 cents per share, reflecting the agreed consideration for the acquisition. This payout concludes the transaction’s financial obligations to existing shareholders.

Market Impact and Delisting

Trading in Donaco shares was suspended on 8 August 2025, ahead of the scheme’s implementation. Following the completion of the acquisition, Donaco has applied for removal from the ASX official list, with delisting expected to take effect after market close on 20 August 2025. This move effectively removes Donaco from public market scrutiny and trading.

Looking Ahead

While the acquisition closes a significant chapter for Donaco, the announcement does not provide insight into On Nut Road’s strategic plans for the company’s assets or operations. Investors and market watchers will be keen to see how the new ownership intends to integrate Donaco’s gaming and hospitality interests and whether any operational changes or expansions are planned.

For shareholders, the cash payout offers immediate liquidity, but the delisting means no further public trading opportunities. The transaction underscores a broader trend of consolidation within the gaming and leisure sector, where private ownership can offer more strategic flexibility away from the pressures of public markets.