Finico Pty Ltd, acting as trustee for The Morris Family Trust, has launched an unconditional on-market takeover bid to acquire all remaining shares of DTI Group Limited (ASX: DTI) at AU$0.012 per share in cash. The bidder already holds approximately 57.50% of DTI and aims to increase its ownership while maintaining a supportive stance toward the company’s strategy. The offer, open from 29 April to 29 May 2026, provides shareholders with immediate liquidity and a certain cash exit, particularly given the historically low trading volumes of DTI shares.
The offer is fully funded through existing cash reserves and carries no conditions, ensuring a high level of execution certainty. It also reflects a premium to recent trading prices, offering an attractive exit opportunity. Additionally, the bidder may pursue compulsory acquisition if ownership thresholds are achieved. DTI operates in the transit technology sector, delivering surveillance and passenger information systems to global clients.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Finicos Takeover Offer for DTI Group Limited
Finico Pty Ltd, acting as trustee for The Morris Family Trust, has launched an unconditional on-market takeover bid to acquire all remaining shares of DTI Group Limited (ASX: DTI) at AU$0.012 per share in cash. The bidder already holds approximately 57.50% of DTI and aims to increase its ownership while maintaining a supportive stance toward the company’s strategy. The offer, open from 29 April to 29 May 2026, provides shareholders with immediate liquidity and a certain cash exit, particularly given the historically low trading volumes of DTI shares.
The offer is fully funded through existing cash reserves and carries no conditions, ensuring a high level of execution certainty. It also reflects a premium to recent trading prices, offering an attractive exit opportunity. Additionally, the bidder may pursue compulsory acquisition if ownership thresholds are achieved. DTI operates in the transit technology sector, delivering surveillance and passenger information systems to global clients.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au