Ainsworth Game Technology
NO to Novomatic
Novomatic AG’s takeover offer for Ainsworth Game Technology has been terminated.
As confirmed in Ainsworth’s ASX announcement dated 11 February 2026, the Novomatic Takeover Offer has lapsed. As the Scheme did not become effective on or before the End Date, Ainsworth has terminated the Transaction Implementation Deed with Novomatic, effective immediately.
With the takeover bid now formally concluded, it is time to focus on the future of Ainsworth.
Shareholders deserve transparency, honest and engaged leadership, and a company that is governed with integrity, free from corruption, secret payments and self-interest: a company that delivers for all its shareholders. It is time to rebuild that company.
Read below for the latest news about the future of Ainsworth and please continue to report what you know to hold the company’s leaders to account.
AGT published a Target Statement this week promoting the off-market takeover bid by Novomatic AG (Novomatic). This process is confusing and misleading to many shareholders.
AGI shares traded today at $1.03. Some shareholders have asked why Novomatic is still offering $1.
Many shareholders have written to me and asked “what’s next?”. This letter is to give you my opinion on what needs to be done to begin getting AGI back on track at a Board and Management level.
Many shareholders have been in touch to ask how to vote on Novomatic's offer. This post provides links and information on how shareholders can vote even if they have not received a Voting Form.
This post contains links to help shareholders understand the corruption allegations involving Novomatic and its executives that have recently been made public. AGI’s board did not disclose these matters to shareholders until they were aired in Australian media outlets.
An open letter from Kjerulf Ainsworth: As a fellow minority shareholder of Ainsworth Game Technology (ASX: AGI), I am writing to let you know why I intend to vote NO to the offer from Novomatic to acquire our shares for a disappointingly low $1per share.