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Megaport Limited (ASX:MP1)

ALERT: Price-sensitive ASX Announcement for MP1
Current share price for MP1 : $18.380 0.33 (1.83%)+
Announcement
Release
11 Jun 2026 9:04AM
Price at Release
$18.050
Full Release
download
Summary
Megaport Limited announced a Retail Entitlement Offer as part of a capital raising effort to support its expansion and strategic initiatives, including the establishment of a Globally-Distributed AI Inference Cloud. The offer is fully underwritten and aims to raise approximately A$827 million, with A$518 million already secured from the institutional component. The Retail Entitlement Offer allows eligible shareholders to subscribe for 1 new share for every 3.08 existing shares at A$14.30 per share. Eligible retail shareholders can also apply for additional shares up to 50% of their entitlement. The offer opens on June 11, 2026, and closes on June 29, 2026.
Key Points
  • Retail Entitlement Offer announced to raise approximately A$827 million.
  • Offer is fully underwritten with A$518 million already raised from institutional shareholders.
  • Eligible Retail Shareholders can subscribe for 1 new share per 3.08 existing shares.
  • Offer price is set at A$14.30 per new share.
  • Retail shareholders can apply for additional shares up to 50% of their entitlement.
  • The offer opens on June 11, 2026, and closes on June 29, 2026.
  • The initiative supports Megaport's strategy to develop a Globally-Distributed AI Inference Cloud.
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.