19 September 2025: Ainsworth Game Technology (AGT) takeover
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.
04 September 2025: Why is AGI trading at $1.03 and Novomatic offering $1?
AGI shares traded today at $1.03. Some shareholders have asked why Novomatic is still offering $1.
03 September 2025: Ainsworth Game Technology (ASX: AGI): What’s next?
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.
17 August 2025: How to vote?
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.
12 August 2025: Timeline of AGI and the Austrian corruption investigation
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.
11 August 2025: An open letter to Ainsworth Shareholders
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.
April 2025: Scheme Booklet and Independent Expert Report (DOWNLOAD)
Click here to download the 2025 Scheme of Arrangement booklet and Independent Expert Report detailing Novomatic’s $1/share offer for Ainsworth Game Technology.
June 2025: Property Valuation, AGI Las Vegas (DOWNLOAD)
An independent valuation, conducted in June 2025, shows that the property assets on AGI’s balance sheet are significantly undervalued. This is the full, independent valuation of AGI’s Las Vegas facility.
June 2025: Property Valuation, AGI Florida (DOWNLOAD)
An independent valuation, conducted in June 2025, shows that the property assets on AGI’s balance sheet are significantly undervalued. This is the full, independent valuation of AGI’s Florida facility.
2016: The original Novomatic offer for Ainsworth (DOWNLOAD)
Click here to download the AGI 2016 AGM explanatory statement that details “Novomatic’s intentions in relation to the company”. Novomatic’s stated intentions include keeping AGI listed on the ASX, maintaining the dividend policy, and maintaining Novomatic’s holding at around 53%. Novomatic’s global CEO at the time this proposal was put forward was Harald Neumann, who is now CEO of AGI.