Ainsworth Game Technology has confirmed that Kjerulf David Hastings Ainsworth’s proportional off-market takeover offer closed at 7.00pm Sydney time on 27 April 2026, with his voting power in the company standing at 8.24% at the close.
The offer sought to acquire 5.5% of each shareholder’s ordinary shares that Mr Ainsworth did not already own at a price of AU$1.30 (US$0.85) per share. The bid was unconditional and formed part of his second proportional proposal in recent months.
The company also released an updated distribution schedule and details of its 20 largest shareholders as at close of trading on 4 May 2026. The register shows Novomatic AG holding 226.96 million shares, representing 67.39% of issued capital, maintaining its position as controlling shareholder. Mr Ainsworth holds 28.14 million shares, or 8.35%, while combined Ainsworth family interests exceed 20%.
The top 20 shareholders collectively account for 96.38% of total shares on issue, with the remaining 3.62% held by other investors. In total, Ainsworth has 336.79 million fully paid ordinary shares across 2,092 shareholders.
The proportional structure of the offer allowed shareholders to realise value for a portion of their holdings in cash while retaining exposure to the company’s future performance.
The bid followed earlier takeover activity, including Novomatic’s AU$1.00 per share offer and a smaller proportional proposal by Mr Ainsworth in late 2025. His AU$1.30 offer represented a premium to both the prevailing market price and Novomatic’s earlier bid, positioning it as an alternative liquidity pathway for minority shareholders.
As at 4 May 2026, Ainsworth had 336.79 million ordinary shares on issue across 2,092 shareholders
