5G Networks Increases Offer Price for AuCyber Limited
Key points
- Offer price increased to $0.135 per AuCyber share
- Offer remains open until 6 February 2025
- 5GN currently holds 10.74% of AuCyber shares
Full summary
5G Networks Limited (5GN) has announced an increase in the offer price for its on-market takeover bid for all of the fully paid ordinary shares in AuCyber Limited (CYB). The offer price has been increased from the previous offer of $0.135 cents per CYB share. No other terms of the offer have changed, and the offer will remain open for acceptance until the close of trading on Thursday, 6 February 2025, unless extended or withdrawn by 5GN in accordance with the Corporations Act 2001 (Cth). As at 28th January 2025, 5GN had relevant interests in 10.74% of CYB shares, representing voting power of 10.74%.
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