TT Investments extends takeover bid for 360 Capital Group

TT Investments Pty Limited has extended the offer period for its unconditional off-market takeover bid for all stapled securities in 360 Capital Group (TGP). The offer will now remain open for acceptance until 7:00 pm (Sydney time) on November 13, 2025. The offer price remains at AU$0.31 per TGP security, which TT Investments states is a best and final offer, representing an 87.9% premium to TGP's undisturbed price on April 14, 2025.

The Independent Board Committee of TGP has unanimously recommended securityholders accept the offer, in the absence of a superior proposal, and subject to the independent expert, Grant Thornton, concluding the offer is fair and reasonable. Grant Thornton assessed TGP’s valuation between AU$0.296 and AU$0.335 per TGP security on a 100% controlling basis and advised TGP securityholders to accept.

As of October 30, 2025, TT Investments and its associates hold a relevant interest of 74.32% in TGP. The bidder cautions that TGP’s trading price on the ASX could fall significantly if the offer lapses, as TT Investments has been the primary buyer of TGP securities at the offer price since September 17, 2025. Securityholders who accept will receive payment within 7 business days without brokerage costs.