InvestSMART

Latitude Group Holdings Limited (ASX:LFS)

ALERT: Price-sensitive ASX Announcement for LFS
Current share price for LFS : $0.900 -0.05 (-5.26%)+
Release
16 Mar 2026 9:05AM
Price at Release
$0.950
Full Release
download
Summary
Latitude Group Holdings Limited is considering launching a new Latitude Capital Notes 2 offer, potentially including a reinvestment option for existing CN1 holders. The offer is intended for wholesale investors and retail investors who receive personal advice. Applications must go through a Syndicate Broker or associated financial adviser due to changes brought by the DDO regime. The potential Joint Lead Managers are Commonwealth Bank, Morgans Financial, Ord Minnett, and Westpac Institutional Bank. Any future offer will be detailed in a prospectus filed with ASIC.
Key Points
  • Latitude is considering a new Capital Notes 2 offer which may include a reinvestment offer for existing CN1 holders.
  • The offer will be limited to wholesale investors and retail investors who receive personal advice.
  • To participate, investors need to apply through a Syndicate Broker or a financial adviser associated with a Syndicate Broker.
  • The introduction of the DDO regime has influenced how Latitude will conduct future offers.
  • Joint Lead Managers for the offer may include Commonwealth Bank of Australia, Morgans Financial Limited, Ord Minnett Limited, and Westpac Institutional Bank.
  • A prospectus will be lodged with ASIC if the offer proceeds, which details how to apply.
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.