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Libstar evaluates acquisition offers after strategic review

September 16, 2025 at 09:00 PM UTCBy FilingReader AI

Libstar Holdings Limited has announced its board of directors is assessing non-binding, indicative expressions of interest from potential investors to acquire all Libstar securities currently in issue. This follows a strategic review resolved by the board to explore strategies for delivering meaningful value to stakeholders, as detailed in the company’s financial results announcement for the year ended 31 December 2024, published on 18 March 2025.

The company emphasizes that these engagements are at an early stage, and there is no guarantee they will lead to a binding offer. If successfully implemented, a binding offer from a potential investor could materially affect the price of Libstar's securities. Shareholders are advised to exercise caution when dealing in Libstar securities until further announcements are made. The board accepts responsibility for the accuracy and completeness of the information provided in this announcement, dated 16 September 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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