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Whitefield Income Limited (ASX:WHI)

ALERT: Price-sensitive ASX Announcement for WHI
Current share price for WHI : $1.285 0.02 (1.58%)+
Announcement
Release
26 May 2026 8:54AM
Price at Release
$1.265
Full Release
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Summary
Whitefield Income Limited is conducting a 2 for 5 pro-rata non-renounceable entitlement offer of new shares at an issue price of A$1.22 per share to raise approximately $108 million. The offer includes a Top-Up Facility and a Shortfall Offer, allowing eligible shareholders an opportunity to acquire additional shares beyond their entitlement. This offer aims to provide additional funds for the company's operations and investments, and the new shares will rank equally with existing shares. Eligible shareholders are encouraged to participate, with specific guidelines for those based in Australia and New Zealand. The offer is managed by a consortium of financial institutions and is subject to standard risks associated with such financial initiatives.
Key Points
  • 2 for 5 pro-rata non-renounceable entitlement offer at A$1.22 per share
  • Total funds to be raised approximately $108 million
  • Top-Up Facility available for additional shares beyond entitlement
  • Shortfall Offer for shares not taken up by eligible shareholders
  • New shares will rank equally with existing shares
  • Offer managed by joint lead managers including Morgans Financial and Ord Minnett
  • Eligible shareholders primarily in Australia and New Zealand
  • Risks include market volatility and financial uncertainties
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.