Omnia stock heads toward a ZAR 21.8 billion takeover vote

Published on 10/08/2026 at 10:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Omnia stock was trading at ZAR 123.00 on October 8, 2026, while Solar's offer values each share at ZAR 134.50. The scheme vote is set for November 5.

Omnia, ZAE000005153, Illustration mit AI erstellt.

Omnia Holdings (ISIN ZAE000005153) was trading at ZAR 123.00 on the JSE on October 8, 2026, up 0.07 percent, as shareholders moved closer to a proposed ZAR 21.8 billion takeover. The transaction's next formal checkpoint is a scheme meeting scheduled for November 5, 2026.

Takeover offer sets the value

Solar SA Investments has offered ZAR 134.50 per Omnia share in an all-cash scheme. That is 9.35 percent above the October 8 market price, giving the offer a clear premium while leaving completion dependent on shareholder and regulatory conditions.

According to Omnia on September 14, 2026, the offer values the issued share capital at ZAR 21.8 billion and would combine Omnia's mining and agriculture operations with Solar's international industrial platform. The proposal also includes the eventual termination of Omnia's JSE and A2X listings if the scheme becomes operative.

November vote is the key date

The circular distributed on October 7, 2026, sets the electronic scheme meeting for November 5, 2026, at 10:00 a.m. South Africa time, according to Moneyweb. The same announcement states that the scheme consideration would value Omnia at ZAR 21,828,973,400 and that the offer remains subject to the scheme conditions.

For investors, the important distinction is between the offer price and the live market price. A ZAR 11.50 gap separates the two, while the proposed transaction would end Omnia's status as a listed company if all conditions are met.

Stock remains near its yearly high

Omnia's market capitalization stood at ZAR 19.2 billion on October 8, 2026, with 24,177 shares traded in the finance quote. The session range was ZAR 122.71 to ZAR 123.17, placing the last price near the upper end of that range.

The company's investor hub identifies the JSE code as OMN and lists the audited FY26 results for the year ended March 31, 2026, as well as the November 5, 2026, scheme meeting date, according to Omnia. The business operates across agriculture, mining and chemicals, making the proposed combination relevant to both crop nutrition and commercial explosives markets.

Omnia stock trades at ZAR 123.00

Omnia stock was last at ZAR 123.00 on the JSE on October 8, 2026, at 9:56 a.m. SAST. The 0.07 percent session gain leaves the price below Solar's ZAR 134.50 cash offer.