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PM Capital Global Opportunities Fund Limited (ASX:PGF)

ALERT: Price-sensitive ASX Announcement for PGF
Current share price for PGF : $3.200 -0.24 (-6.98%)+
Announcement
Release
13 Aug 2026 9:45AM
Price at Release
$3.440
Full Release
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Summary
PM Capital Global Opportunities Fund Limited successfully completed an upsized $221 million placement, receiving strong demand from both existing shareholders and new investors. The placement was priced at $3.07 per share, matching the estimated pre-tax Net Tangible Asset (NTA) of the company, and aimed at enhancing company scale, broadening the shareholder base, and increasing liquidity. The placement is complemented by a non-underwritten share purchase plan (SPP) targeting an additional $20 million, allowing eligible shareholders to purchase shares at the same price. The proceeds will follow the existing investment strategy managed by PM Capital Pty Limited.
Key Points
  • Successful completion of $221 million upsized placement.
  • Placement priced at $3.07 per share, matching the estimated pre-tax NTA.
  • Strong demand from existing and new investors.
  • Aimed to increase scale, broaden shareholder base, enhance liquidity.
  • Complemented by a non-underwritten SPP targeting up to $20 million.
  • Proceeds to be invested under existing strategy managed by PM Capital Pty Limited.
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.