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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
24 Oct 2025 5:27PM
Price at Release
$2.180
Full Release
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Summary
Beam Dental Bidco Pty Ltd, having acquired over 90% of the shares in Pacific Smiles Group Limited, has initiated a compulsory acquisition process under the Corporations Act 2001 to acquire the remaining shares. The compulsory acquisition is set on the same terms as the original takeover offer, with a cash consideration of $2.20 per share. Shareholders who haven't yet accepted the offer have until 17 November 2025 to do so online to expedite their payment or risk having their shares compulsorily acquired in a process that could take up to six weeks.
Key Points
  • Beam Dental Bidco Pty Ltd has acquired a relevant interest in over 90% of the shares in Pacific Smiles Group Limited.
  • Bidco has commenced the compulsory acquisition process to acquire the remaining shares it does not own under the Corporations Act 2001.
  • Shareholders who have not accepted the Offer by the close date of 17 November 2025 may have their shares compulsorily acquired.
  • The compulsory acquisition will be on the same terms as the Offer, which includes a cash consideration of $2.20 per Pacific Smiles Share.
  • Compulsory acquisition process could take up to six weeks to complete, subject to the Corporations Act.
  • Shareholders are encouraged to accept the Offer online to receive their consideration sooner.
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.