WAM Income Maximiser LimitedASX: WMX

Entitlement Offer, Shortfall Offer and Placement

· Issued by WAM Income Maximiser Limited

Filed with ASX · · 7 pages · English

Summary by 6ix AI

WAM Income Maximiser Limited has announced an Entitlement Offer, Shareholder Top-Up Facility, Shortfall Offer, and Placement to allow shareholders to increase their holdings at a discounted price. Eligible shareholders can acquire two new shares for every five shares they hold, with the new shares priced at a discount to the current market price. The company aims to use the additional capital raised to invest in high-quality opportunities, enhancing both capital growth and monthly fully franked dividends for shareholders. The investment portfolio has shown strong performance, significantly outperforming its benchmark over the past year, with a notable reduction in volatility compared to the market index.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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