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Argo Global Listed Infrastructure Limited (ASX:ALI)

ALERT: Price-sensitive ASX Announcement for ALI
Current share price for ALI : $2.580 0.05 (1.98%)+
Announcement
Release
19 May 2026 9:20AM
Price at Release
$2.530
Full Release
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Summary
Argo Global Listed Infrastructure Limited (ALI) announced a Share Purchase Plan (SPP) on May 19, 2026, allowing eligible shareholders who held shares on May 18, 2026, to purchase up to $30,000 of new fully paid ordinary shares without brokerage or other charges. This SPP is ALI’s first since 2022 and is in response to shareholder inquiries during recent meetings across Australia. The funds will support investments in global listed infrastructure securities. The SPP opens on May 22, 2026, with new shares priced at the lower of $2.40 per share or the volume-weighted average price over the last five trading days of the offer period. New shares issued will rank equally with existing shares, and participation is optional for eligible shareholders in Australia and New Zealand.
Key Points
  • Argo Global Listed Infrastructure Limited announces a Share Purchase Plan.
  • Eligible shareholders can purchase up to $30,000 of new shares without brokerage.
  • This is ALI’s first SPP since 2022.
  • Funds will be used for investments in global listed infrastructure securities.
  • SPP opens on May 22, 2026, and closes on June 5, 2026.
  • New shares priced at the lower of $2.40 or the volume-weighted average price.
  • Participation is optional for shareholders in Australia and New Zealand.
  • New shares will rank equally with existing shares.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.