Clime Investment Management Unveils Free Bonus Options for Shareholders

Bonus Options Offer Details

Clime Investment Management Limited (ASX, CIW) has announced a pro rata issuance of free bonus options to its shareholders. Under this offer, investors will receive one option for every ten fully paid ordinary shares held as of the record date, November 12, 2025. These options come at no cost to shareholders and provide an opportunity to purchase additional shares at a fixed price of $0.44 each.

The options will be exercisable any time before 5, 00pm Sydney time on June 30, 2026, giving shareholders a window of over seven months to decide whether to convert their options into shares. Importantly, Clime plans to have these options listed and quoted on the Australian Securities Exchange, which should provide liquidity and transparency for option holders.

Implications for Shareholders and the Company

This bonus options issuance is a strategic move that can potentially enhance shareholder value by offering a low-cost way to increase equity exposure in Clime. Since the options are free and exercisable at a price that may be attractive depending on the share price movement, shareholders could benefit if the stock performs well before the expiry date.

However, the issuance also implies potential dilution of existing shares if many options are exercised. Shareholders should carefully review the company’s prospectus, which outlines the full terms and associated risks, including the possibility that the share price may not exceed the exercise price, rendering the options worthless.

Who Can Participate and Next Steps

The offer is available to all shareholders with registered addresses in Australia or New Zealand as of the record date. No application or payment is required to receive the options, simplifying participation. Clime’s managing director, Michael Baragwanath, encourages shareholders to read the prospectus thoroughly and seek professional advice if needed.

Investors and analysts will be watching closely how the market responds to the listing of these options on the ASX, as it may signal confidence in Clime’s future prospects or raise questions about capital structure changes.