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Rakon Limited — M&A Activity 2026
Feb 25, 2026
66260_rns_2026-02-26_51cd04a7-29e5-47da-906f-133985f0c344.pdf
M&A Activity
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26 February 2026
Rakon Limited
8 Sylvia Park Road Mt Wellington, Auckland 1060, New Zealand
NOTICE PURSUANT TO RULE 49A OF THE TAKEOVERS CODE
We refer to Bourns, Inc.’s ( Bourns ) takeover offer for all of the fully paid ordinary shares ( Shares ), and all of the unlisted share rights to acquire Shares which are subject to the terms of the Rakon Limited Executive Long Term Incentive Plan (Share Rights), in Rakon Limited (RAK) dated 9 February 2026 ( Offer ).
This notice is given to satisfy the requirement of rule 49A of the Takeovers Code to notify the Takeovers Panel, RAK and NZX on each occasion when the total level of acceptances received for each class of equity securities subject to the Offer increases by 1% or more of the total issued equity securities in each class in RAK.
At end of day on 25 February 2026, the level of acceptances received pursuant to the Offer in respect of the Shares is 58.989%.
At end of day on 25 February 2026, the level of acceptances received pursuant to the Offer in respect of the Share Rights is 26.569%.
Yours faithfully Bourns, Inc.
cc The Takeovers Panel
Level 3, Solnet House 70 The Terrace PO Box 1171 Wellington 6011 Sent by email: [email protected]
cc NZX Limited
Level 1, NZX Centre 11 Cable Street PO Box 2959 Wellington Sent by email: [email protected]
Project Radar - Rule 49A Notice (26 Feb 2026)(43618945.1).docx