5GN.ASX: Takeover - extension of offer period

Takeover - extension of offer period

Stock	5G Networks Ltd (5GN.ASX)
Release Time	3 Feb 2025, 2:33 p.m.
Price Sensitive	Yes

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5GN extends takeover offer period for AuCyber

Key Points

5GN has acquired a substantial stake in AuCyber and increased its voting power to over 50%
As a result, the offer period has been automatically extended by 14 days to 17 February 2025
Offer will remain open for acceptance by AuCyber shareholders until the new closing date

Full Summary

5G Networks Limited (5GN) has made an on-market takeover bid for all of the fully paid ordinary shares in AuCyber Limited (CYB) that it does not already own. 5GN is pleased to announce that during the course of trading over last Friday, 31 January 2025 and today, 3 February 2025, it has now acquired a substantial stake in CYB and increased its voting power in CYB to more than 50%. As a result of 5GN's voting power in CYB increasing to more than 50% in the last 7 days of the offer period, the offer period is automatically extended and will now close 14 days after 3 February 2025. Accordingly, the offer will remain open for acceptance by CYB shareholders until 4:00 pm (Melbourne time) on Monday, 17 February 2025 (unless withdrawn or further extended). This announcement provides notice to CYB and the ASX of the extension to the offer period in accordance with the Corporations Act.