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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 0.12 (4.88%)+
Announcement
Release
22 May 2026 8:32AM
Price at Release
$2.460
Full Release
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Summary
Argo Global Listed Infrastructure Limited (ALI) has announced a Share Purchase Plan (SPP) allowing eligible shareholders to purchase up to $30,000 worth of new fully paid ordinary shares without incurring brokerage or transaction costs. The SPP is designed to raise funds for further investments in global listed infrastructure securities. It opens on 22 May 2026 and closes on 5 June 2026. The SPP shares will be issued at the lower of either $2.40 per share or the volume-weighted average price of ALI shares over the last five trading days of the offer period. The offer is non-renounceable and non-transferable, and shares acquired will rank equally with existing shares. There may be a scale-back if applications exceed $75 million.
Key Points
  • Share Purchase Plan opens on 22 May 2026 and closes on 5 June 2026.
  • SPP allows eligible shareholders to buy up to $30,000 worth of shares.
  • No brokerage or transaction costs for acquiring SPP shares.
  • SPP shares priced at the lower of $2.40 or the average of last five trading days.
  • Funds raised will support further investments in global listed infrastructure.
  • SPP shares rank equally with existing ALI shares.
  • Non-renounceable and non-transferable offer.
  • Potential scale-back if applications exceed $75 million.
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.