Result of Equal Access Share Buy-back
| Stock | Birddog Technology Ltd (BDT.ASX) |
|---|---|
| Release Time | 20 Aug 2025, 5:25 p.m. |
| Price Sensitive | Yes |
BirdDog Completes Equal Access Share Buy-back
- Approximately 87 million shares accepted in buy-back for $6.1 million
- Payment to shareholders expected on 27 August 2025
- Company to delist from ASX on 29 August 2025
BirdDog Technology Limited (ASX: BDT) has announced the completion of its off-market, equal access share buy-back. The buy-back was conducted for a cash consideration of A$0.07 per share for up to 100% of each eligible shareholder's fully paid ordinary shares, as previously announced. The company received acceptances from eligible shareholders totalling approximately 87 million shares, representing an aggregate buy-back consideration of approximately $6.1 million. Payment to accepting shareholders is expected to occur on Wednesday, 27 August 2025, in line with the timetable outlined in the company's Buy-Back Offer Booklet. In relation to the company's voluntary and planned delisting from the official list of the ASX, the timetable remains as previously advised: trading in the company's shares will be suspended on 27 August 2025, and the company will be removed from the ASX's Official List on Friday, 29 August 2025. From Monday, 8 September 2025, a secure shareholder portal will be launched, allowing residual shareholders to dispose of their holdings using their BirdDog Serial Registration Number (SRN) and/or Holder Identification Number (HIN).