TGP.ASX: Best and Final Takeover Offer for TGP

Best and Final Takeover Offer for TGP

Stock	360 Capital Group (TGP.ASX)
Release Time	17 Sep 2025, 9:34 a.m.
Price Sensitive	Yes

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TT Investments Increases Takeover Offer for 360 Capital Group

Key Points

Offer price increased to $0.31 per TGP Security
Offer declared as best and final, will not be increased
Bidder has 50.03% relevant interest in TGP and is the largest securityholder since 2009

Full Summary

TT Investments Pty Limited, as trustee for TT Investment Trust, has announced an improved offer price of $0.31 per TGP Security for its takeover of 360 Capital Group (ASX:TGP). The previous offer price of $0.30 per TGP Security has been automatically increased to the Improved Offer Price. The Bidder has declared this as the best and final offer, stating that it will not be increased in the absence of a competing proposal. The Bidder already holds a Relevant Interest of 50.03% in TGP and has been the largest securityholder since 2009, indicating a low likelihood of a competing proposal. The Bidder confirms its full support for 360 Capital's management team and the investment strategies of the Managed Funds. The Offer timetable remains unchanged, with the Offer expected to open on 29 September 2025 and close on 30 October 2025, unless extended.