REG - AVI Japan Opport.Tst - Partial Tender Offer Bid for Portfolio Company

AVI Japan Opportunity TrustAnnouncement

Tue 17:45

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251209:nRSI9045Ka&default-theme=true

RNS Number : 9045K  AVI Japan Opportunity Trust PLC  09 December 2025

AVI Japan Opportunity Trust plc

 Partial Tender Offer Bid for Portfolio Company

 

London, 9 December 2025 - AVI Japan Opportunity Trust plc ("AJOT") for which
Asset Value Investors ("AVI") acts as investment manager, announces its
intention to launch a tender offer bid in Japan on 10 December 2025 (JST) for
one of its portfolio companies, Broadmedia Corporation (TSE:4347)
("Broadmedia")

AJOT's investment in Broadmedia accounts for 3.5% of its NAV as of 9 December
2025.  The tender offer price of Y2,200 per share represents a 29.5% premium
to the closing price on 9 December 2025. AVI acts as investment manager for
AJOT and, taking into account holdings attributed to other funds under its
management, AVI currently exercises control over 29% of Broadmedia's voting
rights, aiming to acquire up to 40% as a result of AJOT's tender offer bid.
Broadmedia serves as an example of AVI's constructive and creative approach to
value enhancement in Japanese small-cap companies. AVI expects Broadmedia to
continue driving business growth supported by rising demands in online
education and IT services sectors.

- End -

About Asset Value Investors (AVI)

AVI is an investment management company established in London, United Kingdom,
in 1985. AVI has invested in Global and Japanese equities for over 40 years.
AVI manages AVI Global Trust ("AGT"), AVI Japan Opportunity Trust ("AJOT"),
MIGO Opportunities Trust ("MIGO"), and other funds. AGT, AJOT and MIGO are
public companies whose shares are listed and traded on the main market of the
London Stock Exchange.

 

Contact:

Kaz Sakai - kaz.sakai@assetvalueinvestors.com

Asset Value Investors Limited

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  TENBRBDDDSGDGUC



            Copyright 2019 Regulatory News Service, all rights reserved