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Global Masters Fund Limited (ASX:GFL)

ALERT: Price-sensitive ASX Announcement for GFL
Current share price for GFL : $2.880 -0.11 (-3.68%)+
Announcement
Release
23 Apr 2026 11:35AM
Price at Release
$2.990
Full Release
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Summary
Global Masters Fund Limited has released its quarterly report for the period ending March 31, 2026, detailing the status of its Convertible Notes. During this period, the Conversion Price remained at $3.10, and 12,900 notes were converted into ordinary shares. The report highlights an LTV ratio of 10.73%, with total debts amounting to $8,260,003 and cash equivalents of $2,498,184. The market value of all marketable securities stands at $53,683,652. GFL confirms compliance with all regulatory requirements and states there were no substantial changes in business operations or any material circumstances that could affect the enforceability of the Notes.
Key Points
  • Global Masters Fund Limited (GFL) released its quarterly report for the GFL Convertible Notes as of 31 March 2026.
  • The Conversion Price of the GFL Notes into Ordinary Shares remains unchanged at $3.10.
  • During the quarter, 12,900 notes were converted into ordinary shares.
  • The loan-to-value (LTV) ratio as at 31 March 2026 is 10.73%.
  • The total debt of GFL is $8,260,003, with cash and cash equivalents of $2,498,184.
  • The market value of all marketable securities held by GFL is $53,683,652.
  • The report confirms compliance with the terms of the Notes, the Trust Deed, and relevant sections of the Corporations Act 2001 during the reporting period.
  • No material circumstances arose that could cause immediate enforceability of the Notes during the period.
  • No substantial changes in the nature of the business or prejudice to the issuer or its subsidiaries and guarantors were reported.
  • The report states there were no substantial changes in business operations or appointments of guarantors.
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.