Latest Shareholder Interests News

Kjerulf David Hastings Ainsworth has issued a first supplementary statement for his second off-market takeover bid targeting 5.5% of Ainsworth Game Technology shares at $1.30 each, revealing an 8.24% voting stake ahead of the offer’s close.

Kjerulf David Hastings Ainsworth has initiated a second unconditional off-market takeover bid for 5.5% of Ainsworth Game Technology shares at a significant premium, aiming to increase his stake and influence in the company.

ARC Funds Limited and AUSBIZ Group have mutually cancelled the previously announced assignment of convertible notes in Ausbiz TV, reflecting a strategic shift following changes in ARC’s board and shareholder base.

EML Payments has received Supreme Court approval for its $37.36 million shareholder class action settlement, enabling the company to refocus on its strategic growth plans.

Cann Group Limited has raised $750,000 through a convertible note agreement with Obsidian Global, aiming to strengthen its working capital and move towards EBITDA positivity.

Kjerulf David Hastings Ainsworth has initiated a second proportional takeover bid for 5.5% of Ainsworth Game Technology shares at $1.30 each, offering shareholders a significant premium and cash certainty. The move underscores Ainsworth’s belief that AGI remains undervalued amid a low likelihood of competing bids.

Fortescue Ltd has set the allocation price for shares issued under its Dividend Reinvestment Plan at A$19.2518, following its recent interim dividend announcement. Shares will be issued on 30 March 2026, marking a key step in the company’s capital management strategy.

Pan African Resources has agreed to acquire Emmerson Resources via a scheme of arrangement valued at approximately A$311 million, offering Emmerson shareholders a 36.4% premium. The deal aligns interests in the Tennant Creek Joint Venture and provides exposure to a larger gold producer.

Dyno Nobel has signed a binding agreement to sell its Phosphate Hill fertiliser business to Mayfair Australia Corporation, marking a strategic pivot to focus solely on its explosives operations. The deal, expected to complete in Q3 FY26, includes deferred payments and regulatory conditions.

Belararox Limited has appointed Will Dix as CEO, bringing deep mining expertise to lead its copper-focused projects in Argentina and Botswana. The company also promotes Christian Blaser to oversee exploration activities across both regions.

Horizon Oil has launched an off-market takeover offer for Cue Energy Resources, proposing a mix of cash and shares. Cue’s Independent Board Committee is now carefully evaluating the proposal before advising shareholders.

Keybridge Capital has obtained Italian court orders freezing AUD 4.7 million in assets tied to a waterfront property, as part of ongoing legal efforts to recover funds transferred in 2024.