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Staude Capital Global Value Fund Limited (ASX:GVF)

ALERT: Price-sensitive ASX Announcement for GVF
Current share price for GVF : $1.385 -0.025 (-1.77%)+
Announcement
Release
29 Aug 2025 9:52AM
Price at Release
$1.410
Full Release
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Summary
Staude Capital Global Value Fund Limited reported a successful financial year ending 30 June 2025, with an operating profit after tax of $24,254,424 and a 15.8% increase in adjusted pre-tax NTA. The company declared a fully franked final dividend of 3.3 cents per share, to be paid on 12 November 2025. A new investment management agreement with Staude Capital Pty Limited was implemented in May 2025. GVF shares showed strong performance, trading at an average 1.9% discount to pre-tax NTA, contributing to a shareholder total return of 19.2%. The company completed a successful share placement, raising over $16 million. The company's DRP continues to offer dividends as shares, aligning with the NTA per share.
Key Points
  • Staude Capital Global Value Fund Limited (GVF) reported an operating profit after tax of $24,254,424 for the year ended 30 June 2025.
  • The company's adjusted pre-tax NTA increased by 15.8% during FY2025, with shareholder total returns reported at 19.2%.
  • A fully franked final dividend for FY2025 of 3.3 cents per share is declared, to be paid on 12 November 2025.
  • GVF's dividend reinvestment plan (DRP) allows participants to receive dividends as newly issued shares if the share price is above the NTA per share.
  • The company successfully completed a placement of shares to wholesale investors in June 2025, raising a total of $16,908,079.
  • The investment management agreement was updated with Staude Capital Pty Limited, replacing Mirabella Financial Services LLP as of 1 May 2025.
  • GVF shares traded at an average 1.9% discount to its pre-tax NTA over FY2025.
  • Significant performance contributors included investments in global share and credit markets.
  • GVF's net tangible asset backing per share before tax was $1.3613, and $1.2780 after tax as of 30 June 2025.
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.