Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

HK Type 4 license through Ballingal Investment Advisors Ltd. 

I'm a highly experienced sell-side analyst with in excess of 22 years of covering Asia Pacific equities, the past 19 years immersed in event strategies encompassing M&A risk arbitrage, directional long/short, stub trades and restructuring.  

My background also includes accountancy (liquidation/bankruptcy/receivership) earlier in my career and as a chief financial officer of a global commodity company based in the US and Mexico.

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/ainsworth-game-technology-limited" target="_blank" data-smartkarma-citation="entities:957:1" rel="noopener">Ainsworth Game Technology (AGI AU)</a>, an Aussie gaming supplier, has entered into a <a href="https://announcements.asx.com.au/asxpdf/20250428/pdf/06j2jskxm3f240.pdf" target="_blank" rel="noopener">Scheme Implementation Deed</a> with Austria's Novomatic, Ainsworth's largest shareholder (52.9%). A from Offer has been long rumoured.</li>
<li>Novomatic is offering A$1.00/share (best &amp; final), a 35% premium to last close. The Offer does NOT require FIRB signing off. The Offer has the unanimous backing of both boards.</li>
<li>
Expect shareholder pushback. The Offer consideration is 64% below what Novomatic paid for its controlling stake in 2016.</li>
</ul>



Ainsworth Game Technology (AGI AU), an Aussie gaming supplier, has entered into a Scheme Implementation Deed with Austria's Novomatic, Ainsworth's largest shareholder (52.9%). A from Offer has been long rumoured.
Novomatic is offering A$1.00/share (best &amp; final), a 35% premium to last close. The Offer does NOT require FIRB signing off. The Offer has the unanimous backing of both boards.

Expect shareholder pushback. The Offer consideration is 64% below what Novomatic paid for its controlling stake in 2016.


Novomatic (Finally) Makes A Move On Ainsworth Game Technology (AGI AU)