Tyro Responds to ASX Price Query

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Stock Tyro Payments Ltd (TYR.ASX)
Release Time 13 Aug 2025, 9:44 a.m.
Price Sensitive Yes
 Tyro Responds to ASX Price Query
Key Points
  • Tyro received unsolicited acquisition interest
  • Interest received not at a level representative of Tyro's intrinsic value
  • Tyro will keep the market updated on any developments
Full Summary

Tyro Payments Limited (Tyro or Company) (ASX:TYR) has referred to its request to the ASX dated 12 August 2025 to place the Company's ordinary shares into a trading halt, as well as the 'Price - Query' letter received from ASX Compliance on 12 August 2025 and the Company's response to the ASX's questions. Tyro has, over the past few months, received unsolicited and non-binding interest from separate parties regarding the potential acquisition of the Company. While the Company remains prepared to engage with approaches that may deliver sufficient value to shareholders, at this stage, the interest received is not at a level that the Tyro Board has considered representative of Tyro's intrinsic value. Tyro will keep the market updated in accordance with its continuous disclosure obligations.