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DTI Group Ltd ( (AU:DTI) ) has issued an update.
Finico Pty Ltd, the largest shareholder in ASX-listed DTI Group Limited with a 57.5% stake, has launched an on-market takeover offer to acquire all remaining shares it does not own at $0.012 per share in cash. The offer price represents a 20% premium to DTI’s last closing price of $0.010 on 13 April 2026, and is intended to provide shareholders with immediate, certain value.
The offer is open from 14 April 2026, with the formal offer period commencing on 29 April and scheduled to close on 29 May 2026, unless extended or withdrawn under Australian corporations law. Finico has appointed Shaw and Partners Limited as broker to stand in the market, and is urging investors to review its bidder’s statement and seek independent advice, highlighting the premium pricing as a key reason for shareholders to consider tendering their stock.
More about DTI Group Ltd
DTI Group Limited is an ASX-listed company, though the release does not describe its specific industry or products. Finico Pty Ltd, acting for The Morris Family Trust, is DTI’s largest shareholder with a 57.5% stake in the company’s ordinary shares.
Average Trading Volume: 9,290,470
Technical Sentiment Signal: Sell
Current Market Cap: A$10.73M
For a thorough assessment of DTI stock, go to TipRanks’ Stock Analysis page.