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PM Capital Global Opportunities Fund Limited (ASX:PGF)

ALERT: Price-sensitive ASX Announcement for PGF
Current share price for PGF : $3.180 -0.26 (-7.56%)+
Announcement
Release
11 Aug 2026 9:15AM
Price at Release
$3.440
Full Release
download
Summary
The PM Capital Global Opportunities Fund Limited (PGF) has announced a Placement and Share Purchase Plan (SPP) to raise capital. The Placement targets a $175 million raise, utilizing PGF's available placement capacity, while the SPP aims to raise $20 million. PGF has outperformed both the MSCI World Net Total Return Index and the S&P/ASX 200 Accumulation Index across various timeframes since its inception in 2013. It offers a gross dividend yield of 7.4% per annum and has announced a fully franked dividend of 7.5 cents per share for FY26, with a forward guidance of a minimum 16 cents per share for FY27. The SPP offers shares at a discount compared to the market price to eligible shareholders. The company's investment strategy focuses on global opportunities and maintaining a diversified portfolio across several sectors.
Key Points
  • Placement and Share Purchase Plan announced to raise $195 million.
  • Placement targets $175 million, SPP targets $20 million.
  • PGF outperformed MSCI World Net TR and S&P/ASX 200 Index.
  • FY26 fully franked dividend of 7.5 cents per share announced.
  • Forward guidance of minimum 16 cents per share dividend for FY27.
  • Offers a 7.4% gross dividend yield per annum.
  • SPP shares offered at a discount
  • Investment focus on global opportunities with diversified portfolio.
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.