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Excelsior Capital Ltd (ASX:ECL)

ALERT: Price-sensitive ASX Announcement for ECL
Current share price for ECL : $0.950 -0.31 (-24.60%)+
Announcement
Release
27 Mar 2026 5:27PM
Price at Release
$1.260
Full Release
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Summary
Excelsior Capital Limited (ECL) announced a fully franked special dividend of 34.49 cents per share, declared from the proceeds of asset redemption. This is part of the company's process to wind up operations, following the realization of all investments. The dividend will be paid on 20 April 2026, with a record date of 2 April 2026. Alongside this, there has been a change in the board with Mr. Brent Hofman being appointed as a non-executive director and company secretary, replacing Mr. Ryan Mount, who resigned from the roles. The company continues to move towards its final stages of winding up, with a Return of Capital and delisting from the ASX, which will be followed by voluntary liquidation expected by 30 June 2026. A third special dividend is also anticipated, dependent on the realization of further investments.
Key Points
  • ECL declared a fully franked special dividend of 34.49 cents per share.
  • The special dividend is payable on 20 April 2026 with a record date of 2 April 2026.
  • Mr. Brent Hofman appointed as non-executive director and company secretary.
  • Mr. Ryan Mount resigned as non-executive director and company secretary.
  • ECL is in the process of winding up operations and delisting from the ASX.
  • A third special dividend is anticipated, subject to investment realizations.
  • Voluntary liquidation is expected to be completed by 30 June 2026.
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.