Increase in Offer Price for AuCyber Limited
Open PDF
| Stock | 5G Networks Ltd (5GN.ASX) |
|---|---|
| Release Time | 28 Jan 2025, 10:33 a.m. |
| Price Sensitive | Yes |
This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA.
The summaries are generated by large language models so please interpret with care.
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the offer will remain open for acceptance until the close of trading on Thursday, 6 February 2025, unless extended or withdrawn by 5GN in accordance with the Corporations Act 2001 (Cth).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%.
Sign in to get more information about the company, including guidance changes and other insights.
Sign In