Novomatic AG has formally extended the offer period for its off-market takeover bid for Ainsworth Game Technology Limited (AGI), moving the acceptance deadline to 7pm (Sydney time) on 30 January 2026, according to a notice lodged with the Australian Securities and Investments Commission (ASIC) on 3 December.
The company, which is seeking to acquire all AGI shares it does not already own, issued the extension under section 650D(1) of the Corporations Act 2001, varying the terms originally set out in its Bidder's Statement dated 3 September 2025. All references to the previous closing date of 3 December 2025 are now replaced with the new January deadline.
Novomatic already controls more than 50% of AGI and is now seeking full ownership. The renewed offer period gives shareholders additional time to evaluate the bid amid a period of weaker financial performance for AGI. Despite higher revenue, the company reported a significant drop in net profit in the first half of 2025, adding pressure to its operational outlook.
Under the variation, the offer remains open on the same terms and conditions, with the updated deadline allowing the process to remain compliant with Chapter 6 of the Corporations Act. A copy of the notice has also been provided to AGI and all shareholders entitled to receive it under statutory requirements. ASIC noted that it takes no responsibility for the contents of the document.
The extension was authorised by Novomatic directors Johannes Gratzl and Stefan Krenn following a board resolution passed on 3 December. The company said further information is available through its dedicated offer information line, which operates on business days during Sydney hours.
The offer remains subject to the Corporations Act and may be further extended or withdrawn
