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Pacific Smiles Group Limited (ASX:PSQ)

ALERT: Price-sensitive ASX Announcement for PSQ
Current share price for PSQ : $2.180 0 (0%)+
Announcement
Release
22 Oct 2025 8:28AM
Price at Release
$2.180
Full Release
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Summary
Beam Dental Bidco Pty Ltd has released a First Supplementary Bidder's Statement concerning its takeover bid for Pacific Smiles Group Limited, announcing that it has surpassed the compulsory acquisition threshold by achieving a 99.31% interest in Pacific Smiles' shares. The offer, providing $2.20 per share, is set to close on 17 November 2025 without extension. Shareholders accepting the offer before this deadline will be compensated sooner than those undergoing compulsory acquisition. Following the initiation of the compulsory acquisition process, Pacific Smiles shares will be suspended from ASX trading.
Key Points
  • Beam Dental Bidco Pty Ltd issued a First Supplementary Bidder's Statement regarding its takeover offer for Pacific Smiles Group Limited.
  • Bidco achieved the compulsory acquisition threshold with over 90% interest in Pacific Smiles Shares.
  • The Offer is closing on 17 November 2025 and will not be extended.
  • Shareholders who accept the Offer before the Closing Time will receive payment sooner than through compulsory acquisition.
  • Pacific Smiles Shares will be suspended from trading on the ASX five business days after the compulsory acquisition process begins.
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.