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DTI Group Limited (ASX:DTI)

ALERT: Price-sensitive ASX Announcement for DTI
Current share price for DTI : $0.011 -0.001 (-8.33%)+
Announcement
Release
28 Apr 2026 12:42PM
Price at Release
$0.012
Full Release
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Summary
DTI Group Limited has lodged its Target's Statement with the Australian Securities and Investments Commission in response to an on-market takeover bid by Finico Pty Ltd. Finico, which owns 77.09% of DTI shares, offered $0.012 per share for all DTI shares it does not already own. The Target’s Statement has been sent to shareholders and includes an independent expert report concluding that the offer is fair and reasonable. DTI's Independent Board Committee recommends shareholders accept the offer, barring a superior proposal. The document also outlines the financial position and performance of DTI, including assets, liabilities, and equity changes over recent years.
Key Points
  • DTI Group Limited responded to Finico's takeover bid with a Target's Statement.
  • Finico offered $0.012 per share for the remaining DTI shares.
  • Finico holds a 77.09% stake in DTI.
  • The independent report deems the offer fair and reasonable.
  • DTI's board recommends acceptance of the offer.
  • Financial performance and position details are provided for recent years.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.