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WCM Global Growth Limited (ASX:WQG)

ALERT: Price-sensitive ASX Announcement for WQG
Current share price for WQG : $2.020 0.21 (11.60%)+
Announcement
Release
20 Mar 2026 9:25AM
Price at Release
$1.810
Full Release
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Summary
WCM Global Growth Limited successfully completed its entitlement and shortfall offers, alongside a placement, collectively raising approximately $84.8 million. The entitlement offer was a non-renounceable 1 for 10 offer, and the company raised $39.8 million from it, at $1.75 per share. Additionally, a placement raised $45.0 million through an institutional bookbuild. The new shares will rank equally with existing shares and will be entitled to a fully franked interim dividend scheduled for April 2026. The issuance and trading of these new shares are expected to occur in late March 2026.
Key Points
  • WCM Global Growth Limited announced the successful completion of its entitlement offer, shortfall offer, and placement.
  • The entitlement offer was a pro-rata non-renounceable 1 for 10 offer.
  • The maximum potential raised from the offers was approximately $39.8 million at $1.75 per share.
  • An institutional bookbuild raised approximately $45.0 million as part of the placement.
  • In total, the company raised approximately $84.8 million through the offer and placement.
  • The issuance and trading of new shares are scheduled for late March 2026.
  • The new shares will be eligible for a fully franked interim dividend to be paid in April 2026.
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.