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RAS Technology shareholders receive a rich offer from The Press Association
8:58am on Monday 19th of October, 2026 AEDT
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Technology
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RAS Technology shareholders receive a rich offer from The Press Association
8:58am on Monday 19th of October, 2026 AEDT
Key Points
$1.04 cash offer represents a 93% premium to RAS’s $0.54 closing price
Offer implies approximately $49.8 million equity value and $45.6 million enterprise value
RAS board unanimously recommends the scheme, subject to an Independent Expert’s support
Founders Gary Crispe and Robert Vilkaitis control or hold about 34% of shares and intend to vote in favour
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