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Showing 1 - 10 of 46 results for "Share Purchase Plan"

Magellan shareholders say yes to Barrenjoey takeover

RIDDHIMA TALWANI  |  MONDAY, 13 APR 2026
... long-term flexibility. He also addressed the disappointment among some shareholders on the scale-back in the share purchase plan (SPP) of $130 million to acquire an additional interest in Barrenjoey before the merger. The SPP was oversubscribed and demand ...

Magellan to merge with Barrenjoey for $906m

KARREN VERGARA  |  MONDAY, 2 MAR 2026
... incremental 10% interest in Barrenjoey from Barclays for $148.9 million, funded via a non-underwritten placement and share purchase plan at $8.45 per Magellan share. Once finalised, Barclays' shareholding comes to 4.9% of the share capital of Magellan. ...

L1 Group replaces chief, seeks $330m

KARREN VERGARA  |  WEDNESDAY, 29 OCT 2025
... group is seeking funds to bolster its products that includes an institutional placement of $286 million and a share purchase plan for $25 million. The money will be used to fund co-investments in L1 Capital's new Global Long Short strategy, provide co-investment ...

Scrutiny, costs major hurdles to boosting IPOs

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
... registers more opaque. "That may not be a bad thing, but when you have investors who want to participate in a share purchase plan, for example, or they think they're a shareholder in a company they're invested in but have received no communication from ...

SSGA takes 5% stake in Raiz

KARREN VERGARA  |  MONDAY, 26 AUG 2024
... share. This represents a 9.3% premium to the last close price of $0.375 on August 22. Raiz will undertake a share purchase plan to raise a further $2 million, also issued at $0.41 per share. Raiz said the money will be used to build out its artificial ...

Magellan chief executive quits

CASSANDRA BALDINI  |  WEDNESDAY, 25 OCT 2023
... appropriately engages its talent to drive performance. To achieve this, Magellan will address the existing Employee Share Purchase Plan (ESPP) Loans. "We are pleased to today announce that additional retention payments will be made to close out the ESPP ...

Whitehelm Capital sells to German manager

KANIKA SOOD  |  TUESDAY, 14 SEP 2021
... PATRIZIA, with Challenger's Fidante set to get $50 million for its 30% stake in Whitehelm. PATRIZIA has entered a share purchase plan to acquire the entire issued share capital of Whitehelm. So far, Whitehelm has been owned 70% by its staff and 30% by ...

Westpac in fresh $87m remediation program

KARREN VERGARA  |  FRIDAY, 2 JUL 2021
The failure of Westpac's former advisers to pass on corporate actions to clients for more than a decade will see the big bank pay a hefty bill. The $87 million that will be remediated affects 32,000 customer accounts, ASIC announced this morning ...

Charter Hall REIT acquires portfolio, opens raise

ANNABELLE DICKSON  |  THURSDAY, 10 SEP 2020
... billion. The REIT will undertake a fully underwritten $60 million institutional placement and a non-underwritten share purchase plan of $10 million to assist in funding the acquisition. The balance of funding for the transaction will be funded from available ...

Iress posts mixed half year results

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
... an interim dividend of 16 cents per share. The company completed a $150 million institutional raise and its share purchase plan was oversubscribed for a total of $25 million to assist in its acquisition of OneVue. Iress expects the acquisition to be ...
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