ÖBAG and Associates End Substantial Holding in Reef Casino Trust After Off-Market Takeover Bid
Summary
Österreichische Beteiligungs AG (ÖBAG) and its associates have ceased to be substantial holders in Reef Casino Trust (ASX:RCT) as of 4 September 2026. This change followed the Casinos Austria Group's acceptance of an off-market takeover bid for all Reef Casino Trust securities, which offered $3.87 cash per security. The relevant interest change involved 33,046,908 Ordinary Units and 370,000 Founder Units. The filing identifies ÖBAG's associates as Österreichische Post AG, Verbund AG, Bundesimmobiliengesellschaft mbH, and GKB-Bergbau GmbH. This cessation replaces a previous substantial holding notice submitted in November 2020.
(Source:Kalkine Media)