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Restaurant Brands NZ Limited (ASX:RBD)

ALERT: Price-sensitive ASX Announcement for RBD
Current share price for RBD : $4.300 -0.03 (-0.69%)+
Announcement
Release
6 Nov 2025 11:26AM
Price at Release
$4.330
Full Release
download
Summary
Restaurant Brands New Zealand Limited (RBD) has advised shareholders to accept a takeover offer by Finaccess Restauración, S.L., which has acquired over 90% of RBD shares. Shareholders are encouraged to accept the offer to receive payment within five working days, rather than waiting for a compulsory acquisition process that could take up to 40 working days post-offer period. The offer price is set at NZ$5.05 per share. Finaccess will initiate compulsory acquisition for remaining shares and plans to delist RBD from NZX and ASX. Trading suspension is expected five days after the acquisition notice is issued, with funds for compulsory acquisition held in a trust managed by Computershare Investor Services Limited.
Key Points
  • Finaccess Restauración, S.L. has received acceptances for over 90% of RBD shares.
  • Finaccess will initiate compulsory acquisition under the Takeovers Code for remaining shares.
  • Shareholders are encouraged to accept the offer to avoid the compulsory acquisition process.
  • Compulsory acquisition will proceed at the offer price of NZ$5.05 per share.
  • Shareholders who accept will be paid within five working days of acceptance.
  • Remaining shareholders will have up to 40 working days post-offer period for compulsory acquisition.
  • RBD shares are expected to be delisted from NZX and ASX following acquisition.
  • Trading suspension will occur five days after formal acquisition notice by Finaccess.
  • RBD will appoint Computershare Investor Services Limited to manage a trust account for funds.
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.