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Magellan Financial Group Limited (ASX:MFG)

ALERT: Price-sensitive ASX Announcement for MFG
Current share price for MFG : $8.370 -1.98 (-19.13%)+
Announcement
Release
1 Jul 2026 10:19AM
Price at Release
$10.350
Full Release
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Summary
Magellan Financial Group Ltd (MFG) issued a notice under section 708A(5)(e) of the Corporations Act 2001, announcing the issuance of 106,838,520 fully paid ordinary shares as consideration for acquiring the remaining issued capital of Barrenjoey Capital Partners Group Holdings Pty Limited. The issuance was approved by MFG shareholders at an extraordinary general meeting on 10 April 2026. MFG confirmed compliance with relevant provisions of the Corporations Act and stated that there was no excluded information required under the notice. This announcement was authorised by the Continuous Disclosure Committee of MFG.
Key Points
  • Issued 106,838,520 fully paid ordinary shares as consideration.
  • Acquisition of remaining issued capital of Barrenjoey Capital Partners.
  • Approval at extraordinary general meeting on 10 April 2026.
  • Notice issued under section 708A(5)(e) of the Corporations Act 2001.
  • Compliance confirmed with relevant provisions of the Corporations Act.
  • No excluded information required under the notice.
  • Announcement authorised by Continuous Disclosure Committee.
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.