Kjerulf Ainsworth, a son of Ainsworth Game Technology Ltd founder Len Ainsworth, controlled 8.35 percent of the firm’s ordinary shares as of Monday, following closure on April 27 of a proportional offer for 5.5 percent of each shareholder’s ordinary shares.
That is according to a Tuesday filing by the slot machine maker, to the Australian Securities Exchange.
In early March, when Mr Kjerulf Ainsworth made an off-market bid of AUD1.30 (US$0.93 currently) per share, he controlled 8.17 percent of the firm.
The March offer was the second proportional offer made by Mr Kjerulf Ainsworth for Ainsworth shares.
As of Monday, Austrian gaming equipment maker Novomatic AG held 67.39 percent of Ainsworth.
In August 2025 Novomatic made an “unconditional” takeover bid of AUD1.00 per share for the shares that it did not control in Ainsworth, with the aim of reaching a 75-percent threshold to take the business private.
That offer ended in February this year, without Novomatic achieving the 75-percent holding target.
Mr Kjerulf Ainsworth had been opposed to Novomatic’s buyout offer to the minority stockholders, on the basis that Novomatic undervalued Ainsworth.
In February, Ainsworth reported it had slipped to a 2025 net loss, though segment revenue and profit in Asia Pacific jumped.
