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

AVI Japan Opportunity Trust plc announces a tender offer bid for Broadmedia Corporation, a portfolio company, at Y2,200 per share, a 29.5% premium to the closing price. AVI aims to increase its control from 29% to 40% of Broadmedia's voting rights. The move reflects AVI's strategy to enhance value in Japanese small-cap companies.