Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

DTI GROUP LTD M&A Activity 2026

Apr 13, 2026

64790_rns_2026-04-13_56376321-6332-43d2-b8ba-ee2453d340d5.pdf

M&A Activity

Open in viewer

Opens in your device viewer

==> picture [163 x 30] intentionally omitted <==

14 April 2026

Company Announcements Platform ASX Limited Level 27, 39 Martin Place SYDNEY NSW 2000

For immediate release to the market

Unconditional on - market cash offer by FINICO PTY LTD ACN 002 046 559 ATF THE MORRIS FAMILY TRUST for all of the ordinary shares in DTI Group Limited ACN 069 791 091 at $0.012 cash per share ( Offer )

Shaw and Partners Limited ( Shaw and Partners ) will, on behalf of Finico Pty Ltd ACN 002 046 559 atf The Morris Family Trust ( Bidder ), offer to acquire on-market under section 635 of the Corporations Act 2001 (Cth) ( Corporations Act ) all fully paid ordinary shares ( Shares ) in DTI Group Limited ACN 069 791 091 ( DTI ) as listed for quotation on the official list of the Australian Securities Exchange ( ASX ) which exist or will exist at any time during the Offer Period (as defined below) and are not already owned by the Bidder (or its associates) ( DTI Shares ) for a price $0.012 cash per DTI Share ( Offer Price ).

Shaw and Partners (on behalf of the Bidder) will buy DTI Shares on-market from the date and time of this announcement (before the Offer is open) until the close of trading on ASX on 29 May 2026 (unless the Offer is withdrawn or extended in accordance with the Corporations Act), at the Offer Price up to a maximum of 381,249,530 DTI Shares (being all of the DTI Shares not already owned by the Bidder and its associates) plus any additional DTI Shares which are issued before the close of the Offer Period.

Terms of the Offer

The Offer is an on-market bid and therefore unconditional with payment of cash in consideration on settlement. The key features of the Offer are:

  • it is an on-market, unconditional cash offer of $0.012 cash per DTI Share;

  • Shaw and Partners will purchase DTI Shares offered to it on market on the ASX at the Offer Price from today until the conclusion of the Offer Period (defined below);

  • the Offer Period may be extended in accordance with the Corporations Act; and

  • the Offer Price is final and will not be increased (in the absence of a competing proposal).

Broker

The Bidder has appointed Shaw and Partners as its agent for the purchase of the DTI Shares on-market on the ASX.

Offer Period

Shaw and Partners will stand in the market on behalf of the Bidder and accept DTI Shares offered to it at the Offer Price.

The Offer will officially be made during the period commencing on 29 April 2026 (being the first trading day after the end of the 14 days after the date of this announcement) and ending on 29 May 2026 ( Offer Period ), unless extended or withdrawn under the

1530792915v3

==> picture [163 x 30] intentionally omitted <==

Corporations Act. However, Shaw and Partners will buy DTI Shares from the date and time of this announcement (before the Offer opens).

The Bidder reserves the right to withdraw unaccepted Offers in the limited circumstances permitted by, and in accordance with, Part 6.7 of the Corporations Act, at any time before the end of the Offer Period.

Acceptance

As the Offer will be an on-market offer, accepting shareholders may only accept the Offer by selling their DTI Shares on-market on the ASX through brokers which are members of the ASX.

Variation of the Offer

The Bidder may extend the Offer Period in accordance with the Corporations Act. The Offer Period may also be extended at law by the operation of the Corporations Act.

The Offer Price has been declared final and will not be increased during the Offer Period (in the absence of a competing proposal).

Payment of consideration for DTI Shares

The usual rules for settlement of transactions which occur on-market with ASX will apply in respect of acceptance of the Offer and the sale and purchase of DTI Shares.

This means that if a holder of DTI Shares accepts the Offer by selling their DTI Shares on-market on the ASX, they will receive the $0.012 cash consideration for each DTI Share on a T+2 basis (being the second trading day after the date of the transaction) in accordance with ASX Settlement Operating Rules.

Any brokerage charged by a broker acting for a DTI shareholder selling their DTI Shares will be the sole responsibility of that DTI shareholder.

Bidder's Statement

In accordance with section 635 of the Corporations Act, a bidder's statement will be served on DTI and lodged with the ASX and the Australian Securities and Investments Commission today.

The bidder's statement will be sent to DTI shareholders before commencement of the Offer Period.

DTI Shares

The DTI Shares the subject of the Offer are fully paid ordinary shares in the capital of DTI, which are on issue on the date of the bidder's statement and any other DTI Shares that are issued before the end of the Offer Period.

Immediately before making this announcement:

  • so far as the Bidder is aware, there are 897,102,828 DTI Shares on issue, all of which are quoted on ASX;

  • the Bidder has a relevant interest in 515,853,298 DTI Shares, which represent approximately 57.50% of the current issued share capital of DTI; and

  • the Bidder has voting power in approximately 57.50% of the current issued share capital of DTI.

ENDS

1530792915v3