Intention to Make Takeover Bid
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| Stock | Accent Group Ltd (AX1.ASX) |
|---|---|
| Release Time | 15 Jun 2026, 9:03 a.m. |
| Price Sensitive | Yes |
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Frasers Group plc Announces On-Market Takeover Bid for Accent Group Limited
Key Points
- Frasers Group plc intends to acquire Accent Group Limited on-market at A$0.65 per share
- The bid period is from 30 June 2026 to 30 July 2026
- Frasers Group plc already owns approximately 22.9% of Accent Group Limited shares
- The offer is conditional and may be extended or withdrawn
- A Bidder's Statement will be provided to shareholders
Full Summary
Barrenjoey Markets Pty Limited, acting on behalf of Frasers Group plc, has announced an on-market takeover bid for Accent Group Limited. The offer price is A$0.65 per share, and the bid period will run from June 30 to July 30, 2026. The offer is conditional and may be extended or withdrawn in accordance with the Corporations Act. Frasers Group plc already holds approximately 22.9% of Accent Group Limited's shares. A Bidder's Statement will be provided to shareholders prior to the commencement of the offer period.
Guidance
Frasers Group plc bid price A$0.65 per share, bid period June 30 to July 30, 2026
Outlook
Frasers Group plc may extend or withdraw the offer in accordance with the Corporations Act. The bid is conditional and subject to change.
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