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WAM Leaders Limited (ASX:WLE)

ALERT: Price-sensitive ASX Announcement for WLE
Current share price for WLE : $1.340 -0.055 (-3.94%)+
Announcement
Release
10 Aug 2026 10:54AM
Price at Release
$1.395
Full Release
download
Summary
WAM Leaders Limited announced a Share Purchase Plan (SPP) offering eligible shareholders the opportunity to purchase up to A$30,000 worth of shares. The SPP aims to raise up to A$150 million and features a flexible pricing structure, offering shares at the lower of $1.325 per share or a 2.5% discount to the 5-day volume weighted average price. This plan allows shareholders to increase their holdings without incurring brokerage fees. The SPP opens on 11 August 2026 and closes on 1 September 2026, with shares expected to commence trading on 7 September 2026. Eligible participants will also be entitled to a fully franked final dividend, contributing to a gross dividend yield of 10.3%.
Key Points
  • Share Purchase Plan allows purchase up to A$30,000.
  • SPP targets to raise A$150 million.
  • Shares offered at lower of $1.325 or a 2.5% VWAP discount.
  • No brokerage or transaction fees for participating shareholders.
  • SPP opens on 11 August 2026 and closes on 1 September 2026.
  • Eligible shareholders entitled to fully franked final dividend.
  • Expected trading commencement on 7 September 2026.
  • Plan announced in response to market volatility and investment opportunities.
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.