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GLS opens A$482.7 million raise to expand L1 global strategy
8:37am on Tuesday 6th of October, 2026 AEDT
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Financial Services
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GLS opens A$482.7 million raise to expand L1 global strategy
8:37am on Tuesday 6th of October, 2026 AEDT
Key Points
Non-underwritten one-for-two entitlement offer targeting up to A$482.7 million
A$1.76 offer price approximately equal to pre-tax NTA
Offer price discounts GLS’s five-day VWAP by 10.5%
Portfolio returned 19.4% versus 12.7% for MSCI World
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L1 Global Long Short Fund (ASX:GLS)
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