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Ainsworth launches supplementary statement for 5.5% AGI takeover bid

Off-market offer at AU$1.30 (US$0.89) per share now open until 27 April 2026.

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aisnworth takeover
Key Points
Supplementary bidder’s statement lodged with ASIC and ASX
Off-market offer seeks 5.5% of Ainsworth Game Technology shares
Offer price set at AU$1.30 (US$0.89) per share

Kjerulf David Hastings Ainsworth has issued a first supplementary bidder’s statement in connection with his second off-market takeover bid for 5.5% of the fully paid ordinary shares in Ainsworth Game Technology.

The supplementary statement, dated 30 March 2026, has been lodged with the Australian Securities and Investments Commission and provided to the Australian Securities Exchange. It supplements the original bidder’s statement dated 12 March 2026 and should be read together with that document.

Mr Ainsworth had announced on 11 March 2026 his intention to make an off-market takeover bid at an offer price of AU$1.30 per share. Following the completion of dispatch of the original bidder’s statement to shareholders recorded at 7.00pm Sydney time on 16 March 2026, the offer formally opened and will remain open for acceptance until 7.00pm Sydney time on 27 April 2026, unless extended or withdrawn.

Mr Ainsworth confirmed that ASIC granted relief under section 655A(1) of the Corporations Act 2001 (Cth), modifying disclosure requirements relating to his relevant interests and voting power. The relief permits disclosure of his shareholding position as at a date no more than four trading days prior to the date of the offer, rather than strictly as at the offer date. 

As at 27 March 2026, Mr Ainsworth’s voting power in AGI stood at 8.24%, with a relevant interest in 27,748,217 shares. He also confirmed that neither he nor his associates provided, or agreed to provide, consideration for shares during the four months preceding 27 March 2026 other than as disclosed in the accompanying schedule.

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ASIC and the ASX do not take responsibility for the contents of the supplementary bidder’s statement, in accordance with standard regulatory practice

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