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Noumi Limited ( (AU:NOU) ) has provided an announcement.
Noumi Limited has entered a binding scheme implementation deed with its largest shareholder and noteholder, Arrovest Pty Ltd, under which Arrovest will acquire all remaining Noumi shares via a scheme of arrangement. Scheme shareholders are to receive $0.1234 per share in cash, valuing the equity at about $34.2 million and representing premiums of 12.2% to the last close and 30% to the 30-day VWAP.
The transaction forms part of a coordinated solution to Noumi’s sizeable debt burden, including an estimated $610 million mandatory redemption of convertible notes due in May 2027 and total current debt obligations of about $703 million. Following a year-long strategic review that yielded no superior or executable alternatives, Noumi’s independent directors unanimously recommend shareholders and listed optionholders support the Arrovest schemes, which also include a $0.002 cash offer for listed options and note purchases from institutional holders.
If approved, the deal would give Arrovest control of up to 83.5% of Noumi’s notes and full ownership of the equity, providing cash liquidity to investors while addressing looming refinancing risks. The schemes are subject to customary regulatory and securityholder approvals, with meetings and implementation targeted for November 2026. Alongside the transaction, Noumi reported an expected lift in FY26 adjusted operating EBITDA to $61 million–$63 million, but flagged a cautious outlook for FY27 due to ongoing cost recovery uncertainty.
The most recent analyst rating on (AU:NOU) stock is a Buy
with a A$0.18 price target.
To see the full list of analyst forecasts on Noumi Limited stock,
see the AU:NOU Stock Forecast page.
More about Noumi Limited
Noumi Limited is an Australian food and beverage company, best known for its plant-based and dairy products that are sold across domestic and international markets. Listed on the ASX, the group focuses on consumer staples and has been navigating a highly leveraged capital structure, with substantial convertible note obligations shaping its strategic options.
The company operates in a challenging macro-economic environment marked by input cost pressures, but it has maintained positive adjusted operating EBITDA and continues to seek structural solutions to its debt load. Noumi’s largest shareholder, Arrovest Pty Ltd, also holds the majority of its convertible notes, positioning it as a key player in any recapitalisation or control transaction.
Noumi’s recent performance shows improving profitability, with preliminary FY26 adjusted operating EBITDA projected to rise to $61 million–$63 million from $57.4 million in FY25. However, management remains cautious for FY27, citing uncertainty over the ability to fully recover increased input costs driven by global and domestic conditions.
Average Trading Volume: 84,231
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$29.1M
See more insights into NOU stock on TipRanks’ Stock Analysis page.