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BETR Entertainment Limited (ASX:BBT)
ALERT: Price-sensitive ASX Announcement for BBT
Current share price for BBT : $0.190 -0.055 (-22.45%)+
Announcement
Release
22 Sep 2025 11:59AM
Price at Release
$0.245
Full Release
Summary
BETR Entertainment Limited has issued its Fifth Supplementary Bidder's Statement regarding its takeover offer for PointsBet Holdings Limited, which is now unconditional. The statement outlines that as of 19 September 2025, BETR held a 20.6% stake in PointsBet and, with further acceptances, will increase this holding to 27.12%. The offer is set to close on 25 September 2025 and will not be extended. The document has been lodged with ASIC and ASX, but they do not take responsibility for its contents. Matthew Tripp, the Executive Chairman, signed the statement.
Key Points
- Fifth Supplementary Bidder's Statement for BETR's takeover of PointsBet
- The offer is unconditional and closes on 25 September 2025
- BETR holds 27.12% of PointsBet after acceptances
- Lodged with ASIC and ASX on 22 September 2025
- Signed by Matthew Tripp, Executive Chairman of BETR
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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