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Whitefield Income Limited (ASX:WHI)

ALERT: Price-sensitive ASX Announcement for WHI
Current share price for WHI : $1.350 -0.01 (-0.74%)+
Announcement
Release
19 May 2026 8:04AM
Price at Release
$1.360
Full Release
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Summary
Whitefield Income Limited has announced a pro-rata Non-Renounceable Entitlement Offer to raise approximately $108 million. Under the offer, eligible shareholders in Australia and New Zealand can acquire 2 new shares for every 5 existing shares at a discounted price of A$1.22 per share. The offer closes on 4 June 2026 and includes a Top-Up Facility for additional shares. The funds raised will support Whitefield Income’s investment strategy. New shares will qualify for future dividends and offer an annualized gross yield of 8.9%. The offer is managed by joint lead managers and is not underwritten.
Key Points
  • Entitlement Offer raises approximately $108 million
  • Eligible shareholders can acquire 2 new shares for every 5 existing shares
  • Offer price is A$1.22 per new share, a 11.4% discount
  • Offer closes on 4 June 2026
  • Top-Up Facility available for additional shares
  • Funds raised for investment strategy
  • New shares qualify for future dividends
  • Annualized gross yield of 8.9% on new shares
  • Offer managed by joint lead managers, not underwritten
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.