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WAM Leaders Limited (ASX:WLE)

ALERT: Price-sensitive ASX Announcement for WLE
Current share price for WLE : $1.318 -0.078 (-5.56%)+
Announcement
Release
10 Aug 2026 10:53AM
Price at Release
$1.395
Full Release
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Summary
WAM Leaders Limited has successfully completed a $225 million placement of new fully paid ordinary shares due to significant demand. The shares were priced at $1.325 each, based on the company's net tangible assets as of July 31, 2026. The placement was directed towards professional and sophisticated shareholders, with allocations subject to scale back due to oversubscription. The transaction was supported by several joint lead managers, including Commonwealth Securities and Morgans Financial. The new shares are expected to settle on August 13, 2026, and begin normal trading on August 17, 2026. Additionally, the company declared a fully franked final dividend of 4.8 cents per share, bringing the total for FY2026 to 9.6 cents per share.
Key Points
  • WAM Leaders Limited completed a $225 million placement due to significant demand.
  • The placement involved new fully paid ordinary shares at a price of $1.325 per share.
  • The placement was offered to professional and sophisticated shareholders with allocations subject to scale back.
  • Settlement of the new shares is expected on 13 August 2026, with allotment on 14 August 2026.
  • Joint lead arrangers included Commonwealth Securities, Morgans Financial, Ord Minnett, and Taylor Collison.
  • A fully franked final dividend of 4.8 cents per share was declared, totaling 9.6 cents per share for FY2026.
  • WAM Leaders Limited is managed by Wilson Asset Management.
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.