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L1 Long Short Fund Limited (ASX:LSF)

ALERT: Price-sensitive ASX Announcement for LSF
Current share price for LSF : $4.540 0.33 (7.84%)+
Announcement
Release
20 Feb 2026 8:49AM
Price at Release
$4.210
Full Release
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Summary
The interim financial report of L1 Long Short Fund Limited for the half-year ended 31 December 2025 indicates that the company has effectively maintained its financial position, reporting significant transactions and financial activities. The company's financial strategy involves a mix of Australian and global securities, aiming for positive absolute returns while preserving capital. Notably, the performance fees incurred during this period were substantial. The report confirms compliance with Australian Accounting Standards and the Corporations Act 2001, and the directors have declared fully franked dividends, reflecting a stable dividend policy. Overall, the report presents a comprehensive overview of the company's financial state, adhering to its strategic investment objectives.
Key Points
  • The interim financial report complies with Australian Accounting Standards and the Corporations Act 2001.
  • The performance fees incurred during the period amounted to $151,075,000.
  • The company aims for positive absolute returns while preserving capital.
  • The financial position as of 31 December 2025 shows a strong balance sheet.
  • A fully franked interim dividend of 3.50 cents per share was declared during the period.
  • The report underscores the continuous compliance with statutory requirements.
  • The directors are responsible for ensuring the interim financial report provides a true and fair view.
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.