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DTI Group Limited (ASX:DTI)

ALERT: Price-sensitive ASX Announcement for DTI
Current share price for DTI : $0.011 0 (0%)+
Announcement
Release
16 Jun 2026 9:28AM
Price at Release
$0.011
Full Release
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Summary
Finico Pty Ltd, acting as a trustee for The Morris Family Trust, announced its compulsory acquisition of shares in DTI Group Limited. This follows an on-market takeover bid initiated on April 14, 2026, for shares not already owned by Finico. The notice, issued under section 661B(1) of the Corporations Act 2001, indicates that Finico is entitled to compulsorily acquire the remaining shares as per subsection 661A(1). Shareholders who have not accepted the offer have the option to apply to the court within a specified period to prevent compulsory acquisition. The notice also provides details on the rights of shareholders to request additional information and outlines the procedural steps involved.
Key Points
  • Finico Pty Ltd initiated a compulsory acquisition of DTI Group Limited shares.
  • The acquisition follows an on-market takeover bid dated April 14, 2026.
  • Finico is entitled to compulsory acquisition under the Corporations Act 2001.
  • Shareholders have rights to apply to the court against the acquisition.
  • The notice outlines procedural steps and shareholder rights post-acquisition.
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.