Meta Pixel
Banner Image

News and Announcements

Future Generation Investment Company (ASX: FGX) announces brand new Share Purchase Plan

  • Published October 17, 2018 12:00AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

KEY TAKEAWAYS:

  • The Future Generation Investment Company Limited (ASX: FGX) is pleased to announce a new Share Purchase Plan (SPP).
  • The SPP will be offered to existing shareholders at a fixed price.
  • Shareholders will have the opportunity to acquire up to $15,000 worth of ordinary shares.

The Future Generation Investment Company Limited (ASX: FGX) is pleased to announce a new Share Purchase Plan (SPP).

The Board of Directors announced that the SPP will be offered to existing shareholders at a fixed price based on FGX’s pre-tax net tangible assets (NTA). In light of the recent equity market volatility and given the new shares will be issued on Monday, 3 December 2018, the Board believes it is in the best interests of shareholders that the SPP and Placement price will be the 31 October pre-tax NTA.

Existing shareholders will have the opportunity to acquire up to $15,000 worth of ordinary shares in FGX without incurring any brokerage fees.

The fixed SPP and Placement price will be announced on Wednesday, 14 November 2018.

Existing FXG professional investors will have the ability to take part in a Placement at the same fixed price as the SPP.

 

About Future Generation Investment Company (ASX: FGX)

Future Generation Investment Company (ASX: FGX) provides:

  • Shareholders with exposure to the best Australian fund managers without paying management or performance fees.
  • Charities primarily focused on children and youth at risk with a consistent and growing stream of annual donations.
  • Fund managers with a unique opportunity to make a positive difference to Australia’s future generations

Register Interest

Capital Insights
 AI is The Cheapest, Highest-Leverage Investment You Will Ever Make

AI tools offer a 10x productivity increase for a minimal monthly cost, making them the highest-ROI investment in business today. However, this massive potential remains dormant. The real opportunity is not in owning the tools, but in having the strategic playbook to deploy them organization-wide and build a defensible competitive advantage.

Capital Insights
Forging a $100M Future: Why Prime Financial Puts People First in its Acquisition Strategy

ASX-listed Prime Financial Group is on an ambitious path to a $100 million revenue target. Chairman Simon Madder reveals their playbook isn’t just about capital; it’s about a founder-focused acquisition strategy where cultural fit is the ultimate litmus test. Discover how their unique partnership model, which includes offering significant equity to incoming founders, is fuelling one of the sector’s most compelling growth stories.

Join over 45,000+ sophisticated investors

Join Now