• All conditions precedent for the acquisition of Aldridge Traffic Systems have been satisfied
• Revised timetable for trading halt, placement, and allotment of new shares
• FOS Capital is a founder-led manufacturer and distributor of commercial, industrial, and architectural lighting solutions

FOS Capital Limited (ASX: FOS) has announced that all conditions precedent, including the vendor obtaining releases of the sale assets from secured creditors, have been satisfied for the acquisition of Aldridge Traffic Systems. As a result, the acquisition is moving to completion. The company has provided a revised timetable for the transaction, including a trading halt and launch of a placement on Tuesday, 10 June 2025, the lifting of the trading halt and announcement of the completion of the placement on Wednesday, 11 June 2025, and the expected settlement, allotment, and trading of the new shares under the placement on 23 and 24 June 2025, respectively. FOS Capital is a founder-led manufacturer and distributor of commercial, industrial, and architectural lighting solutions, owning 17 brands and 2 manufacturing facilities in Brisbane and Sydney. Since listing in June 2021, the company has achieved annual revenue and EBITDA growth of 35% and 29%, respectively, and remained profitable throughout this period. FOS operates in highly fragmented markets and is committed to increasing its market share from 5% to 15% in the medium-term through a combination of continued organic growth and strategic acquisitions, at an EBITDA margin exceeding 10%.