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Why Is Ainsworth Targeting 5.5% of AGI Shares at a 23.8% Premium?

11:12am on Friday 27th of March, 2026 AEDT Gaming
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Why Is Ainsworth Targeting 5.5% of AGI Shares at a 23.8% Premium?

11:12am on Friday 27th of March, 2026 AEDT
Key Points
  • Second proportional takeover bid for 5.5% of AGI shares at $1.30 each
  • Offer price represents a 23.8% premium to recent trading prices and 30% above Novomatic's prior bid
  • Ainsworth currently holds 8.17% and aims to raise stake to 13.25%
  • Unconditional all-cash offer with no brokerage or stamp duty for shareholders
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