InvestSMART

DataWorks Group Limited (ASX:DWG)

ALERT: Price-sensitive ASX Announcement for DWG
Current share price for DWG : $0.140 0.015 (12%)+
Announcement
Release
16 Mar 2026 8:30AM
Price at Release
$0.125
Full Release
download
Summary
DataWorks Group Limited (ASX: DWG) has announced that it is in the process of a strategic review to assess potential strategic interest in its asset base. Tekkorp Capital Advisors has been appointed to assist in this process, which remains ongoing with multiple parties expressing interest. Discussions are at a preliminary and non-binding stage as the company evaluates a range of potential strategic options, capitalizing on its centralised self-exclusion technology and established regulatory relationships. While the company values the engagement level received, it cautions that there is no certainty of resulting transactions or proposals. DataWorks is committed to keeping the market informed in line with its continuous disclosure obligations.
Key Points
  • DataWorks Group Limited (ASX: DWG) is undergoing a strategic review process.
  • Tekkorp Capital Advisors have been appointed to assist with assessing strategic interest in DataWorks' assets.
  • The strategic review is ongoing with multiple parties engaged in discussions.
  • Discussions are preliminary and non-binding, exploring various strategic options.
  • DataWorks' technology, regulatory relationships, and international opportunities are considered valuable.
  • There is no certainty that the review will result in any transactions or proposals.
  • DataWorks commits to keeping the market informed according to disclosure obligations.
  • DataWorks specializes in regulated gaming technology, notably the BetStop™ National Self-Exclusion Register.
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.