AX1 Price sensitive 28 Oct 2026, 8:49 AM

Best and final price - on-market takeover for AX1

Accent Group Ltd

Frasers Group declares best and final offer price for Accent Group

Key points

  • Offer price set at A$0.65 per share, declared best and final
  • No competing proposal emerged in over 4 months
  • Offer provides immediate cash value for Accent Shareholders
  • Offer closes on 29 January 2027

Full summary

Frasers Group plc has declared the offer price of A$0.65 per Accent Group Limited share as best and final, as part of its on-market takeover bid. The offer, which was announced on 18 September 2026, is scheduled to close on 29 January 2027. Frasers Group encourages Accent Shareholders to accept the offer, highlighting that no competing proposal has emerged since the bid was announced and that the offer price will not be increased. The offer provides Accent Shareholders with an immediate opportunity to realize value for their shares, as the offer price will be paid in cash two trading days after acceptance.

Summary generated by a large language model. Please interpret with care.

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