Eleventh Supplementary Bidder's Statement

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Stock Atlas Arteria (ALX.ASX)
Release Time 2 Jul 2026, 9:27 a.m.
Price Sensitive Yes
 Atlas Arteria: Eleventh Supplementary Bidder's Statement
Key Points
  • IFM GIF holds over 57% of Atlas Arteria securities
  • IFM GIF objects to using shareholder funds to settle OTPP Put Option
  • IFM GIF plans strategic and operational review post-offer
  • Offer is unconditional, best and final, closing imminent
  • Securityholders urged to accept offer or sell on-market
Full Summary

Diamond Infraco 1 Pty Ltd, a subsidiary of IFM Global Infrastructure Fund, has issued its eleventh supplementary bidder's statement for Atlas Arteria. The offer price of A$5.10 per security is final and will not be increased unless a competing proposal emerges. IFM GIF now holds over 57% of Atlas Arteria securities and has objected to using shareholder funds to settle the OTPP Put Option. They plan to conduct a strategic and operational review of Atlas Arteria following the offer's close. The offer is set to close on July 7, 2026, at 7:00 PM Sydney time, with no further extensions. Shareholders are advised to accept the offer to secure cash value or sell on-market at A$5.10 per security.

Guidance

IFM GIF holds over 57% of Atlas Arteria securities; offer price A$5.10 per security

Outlook

IFM GIF plans strategic and operational review post-offer; offer closing imminent