TT Investments Best and Final Offer Response

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Stock 360 Capital Group (TGP.ASX)
Release Time 17 Sep 2025, 4:06 p.m.
Price Sensitive Yes
 360 Capital Group responds to TT Investments' best and final offer
Key Points
  • TT Investments increases offer price to $0.31 cash per security
  • Offer is now best and final and will not be increased
  • Independent Board Committee continues to recommend no action at this time
Full Summary

360 Capital Group (ASX:TGP) has responded to the announcement made by TT Investments and its associates (TT Investments) in respect of the unconditional off-market takeover bid for all the securities in 360 Capital Group that it does not already own. TT Investments have increased their offer price to $0.31 cash per security, and the offer is now best and final and will not be increased in the absence of a competing proposal. The Independent Board Committee (IBC) continues to recommend securityholders to TAKE NO ACTION at this time in relation to the offer. The IBC has appointed Grant Thornton Corporate Finance Pty Ltd to prepare an independent expert's report on whether or not the offer is fair and reasonable to the Group's securityholders, which will accompany the Target's Statement that securityholders will be provided with in due course.