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DTI GROUP LTD M&A Activity 2026
64790_rns_2026-04-23_6ec35451-5575-4ef1-8850-2e19ec53279a.pdf
M&A Activity
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From: Finico Pty Ltd test_op1.message.opcecjjechmefkdebgme@mailservice.computershare.com.au
Sent: Tuesday, 21 April 2026 4:10 PM
To: Vamshidhar Sankarapuram
Subject: Takeover offer by Finico Pty Ltd for DTI Group Limited
Morris Group
Finico Pty Ltd
85 Dundas Place
ALBERT PARK VIC 3206
14 April 2026
To: Shareholders of DTI Group Limited
Dear Sir / Madam
Finico Pty Ltd – On-market takeover offer for DTI Group Limited (ASX:DTI)
Finico Pty Ltd ACN 002 046 559 atf The Morris Family Trust (Finico) announced on 14 April 2026 an on-market takeover offer (the Offer) for all of the shares in DTI Group Limited ACN 069 791 091 (ASX:DTI) (DTI) that are not owned by Finico at a price of $0.012 cash per share (Offer Price).
Finico is DTI's largest shareholder, with an interest of 57.5% of DTI's ordinary shares.
The Offer Price of $0.012 cash per share represents a 20% premium to the closing price of DTI shares on 13 April 2026, the last trading day prior to the announcement, of $0.010 per share. Finico believes that this Offer represents an attractive value to DTI shareholders./test_op1.message.opcecjjechmefkdebgme@mailservice.computershare.com.au
Under the Offer, shareholders who wish to dispose of their shares will receive certain and immediate value for their shares at a significant premium to the closing price of DTI shares on 13 April 2026, with the cash consideration payable on a T+2 basis. The Offer period officially commences at 10:00 am (Melbourne time) on 29 April 2026 but DTI shareholders can sell their DTI shares on-market to Finico from 10:00 am (Melbourne time) on 14 April 2026.
The Offer is scheduled to close at the close of trading on 29 May 2026, unless it is extended or withdrawn in accordance with the Corporations Act 2001 (Cth).
Finico has appointed Shaw and Partners Limited (ABN 24 003 221 583) as its broker to stand in the market and purchase shares in DTI offered to it at the Offer Price.
Finico encourages all DTI shareholders to read its bidder's statement dated 14 April 2026 in relation to the Offer (Bidder's Statement) carefully and in its entirety before deciding whether to accept the Offer. The Bidder's Statement includes further information as to why Finico believes DTI shareholders should accept the Offer and other information in relation to the Offer.
In accordance with item 6 of section 635(1) and section 648B of the Corporations Act 2001 (Cth), a copy of the Bidder's Statement can be viewed here. The Bidder's Statement was also provided to DTI and lodged with the Australian Securities and Investments Commission and ASX on 14 April 2026.
You are not required to take any action if you do not wish to sell your shares under the bid. We recommend you seek independent financial, legal, or taxation advice before making any decision in relation to your shareholding.
If you have any questions in relation to the Offer, please contact the Offer Information Line on 1300 822 158 (within Australia) or +61 3 9415 4689 (outside Australia) between 8.30am and 5.00pm (Melbourne time), Monday to Friday.
Yours sincerely,
Chris Morris
Chairman
Morris Group
Finico Pty Ltd
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