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MFF Capital Investments Limited (ASX:MFF)

ALERT: Price-sensitive ASX Announcement for MFF
Current share price for MFF : $5.030 0.18 (3.71%)+
Announcement
Release
15 Dec 2025 12:54PM
Price at Release
$4.850
Full Release
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Summary
MFF Capital Investments Limited announced the promotion of Gerald Stack to Chief Executive Officer and Managing Director, effective 1 January 2026. Mr. Stack, who joined MFF in September 2025, brings extensive experience from his time at Magellan Asset Management. He will lead the MFF Group, focusing on enhancing investment capabilities. Chris Mackay will remain as MFF Portfolio Manager and become Executive Director Investments & Capital. The company is expanding its internal operations and has grown its employee base significantly. MFF has been focusing on business quality and value in its portfolio, which has grown substantially, allowing consistent dividends to shareholders. MFF plans to pay a fully franked dividend of 10 cents per share for the period ending 31 December 2025. The leadership transition is aimed at ensuring long-term growth and continuity.
Key Points
  • Gerald Stack promoted to CEO and Managing Director, effective 1 January 2026.
  • Chris Mackay to remain as Portfolio Manager, becoming Executive Director Investments & Capital.
  • MFF has grown its employee base from 1 to 16 full-time employees.
  • MFF's net assets have grown from $412 million in 2013 to $2.6 billion in 2025.
  • The company will pay a 10 cents per share fully franked dividend for the period ending 31 December 2025.
  • MFF focuses on business quality and value amidst challenging market conditions.
  • Leadership transition aims to ensure long-term growth and continuity.
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.