RMH Scheme of Arrangement Neutral
RMB HOLDINGS LIMITED - Announcement by AttBid on update of acceptances and settlement of Mandatory Offer
RMB Holdings Limited
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What this filing means
AttBid provided an update on its mandatory offer for RMH, revealing a low initial acceptance rate of 0.34% that brings its aggregate stake to 43.98% ahead of the 29 May 2026 closing date.
Bull case
- The mandatory offer is proceeding according to schedule with a confirmed closing date of 29 May 2026, providing a defined timeline for liquidity.
- The offeror and its concert parties currently hold an aggregate 43.98% stake, demonstrating a solid foundational holding for the ongoing transaction.
Bear case
- Only 0.34% of outstanding shares have been tendered thus far, indicating limited minority shareholder appetite for the current offer terms.
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