Proposal to Acquire PDI No Longer Deemed Superior
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| Stock | Predictive Discovery Ltd (PDI.ASX) |
|---|---|
| Release Time | 11 Dec 2025, 11:05 a.m. |
| Price Sensitive | Yes |
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Perseus Proposal to Acquire Predictive No Longer Deemed Superior
Key Points
- Perseus' binding offer for Predictive terminated as Robex matched the revised Arrangement Agreement
- Predictive Board determined Robex's revised offer as having matched Robex's matching right
- This announcement was approved for release by Perseus' Managing Director and CEO
Full Summary
Perseus Mining Limited (Perseus) has announced that it has taken note of the ASX release by Predictive Discovery Limited (Predictive) stating that a revised Arrangement Agreement has been received from Robex Resources Inc. (Robex) which has been determined by the Predictive Board as having matched under Robex's matching right (as per the terms of the Arrangement Agreement between Robex and Predictive dated 5 October 2025). As a result, the Perseus binding offer for Predictive (as announced to the ASX on 3 December 2025) which was subject to Robex not successfully executing its matching right, is terminated. This announcement was approved for release by Craig Jones, the Managing Director and Chief Executive Officer of Perseus.
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