Back
Games & Gaming
POINTSBET EVERY POINT MATTERS

PointsBet Recommends Increased MIXI Offer

POINTSBET HOLDINGS LIMITED

Melbourne, 8 August 2025

PointsBet Holdings Limited (ASX: PBH) (PointsBet) refers to the attached media release from MIXI Australia Pty Ltd (MIXI Australia) in connection with its off-market takeover bid for PointsBet (MIXI Takeover Offer).

MIXI Australia has:
• increased the offer price under the MIXI Takeover Offer to $1.25 per PointsBet share; and
• declared the MIXI Takeover Offer unconditional.

The PointsBet Directors unanimously recommend that PointsBet shareholders accept the MIXI Takeover Offer, in the absence of a superior proposal.
Each PointsBet Director has accepted the MIXI Takeover Offer.
PointsBet shareholders who accept the MIXI Takeover Offer will now receive $1.25 in cash per PointsBet share promptly after accepting.

MIXI Australia has also stated that the offer price under the MIXI Takeover Offer is “best and final”, provided that MIXI Australia reserves the right to increase the offer price if it acquires more than 50% of PointsBet shares.
If MIXI Australia chooses to further increase the offer price, all shareholders who accept the MIXI Takeover Offer will receive any incremental increase in the offer price, regardless of when they accepted.
MIXI Australia currently has an interest in 28.2% of PointsBet shares (including shares accepted into MIXI Australia’s Institutional Acceptance Facility).

This announcement has been authorised for release by the Company Secretary.

 


About us:

About PointsBet
PointsBet is a corporate bookmaker listed on the Australian Securities Exchange with operations in Australia and Canada. PointsBet has developed a scalable cloud-based wagering platform through which it offers its clients innovative sports and racing wagering product and iGaming.


Contact details:

For further information please contact:
Alister Lui
Group Chief Financial Officer
[email protected]