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GLS draws strong institutional demand for A$100.9 million entitlement tranche

9:28am on Thursday 8th of October, 2026 AEDT • Financial Services
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GLS draws strong institutional demand for A$100.9 million entitlement tranche

9:28am on Thursday 8th of October, 2026 AEDT
Key Points
  • A$100.9 million raised through institutional entitlement and shortfall offers
  • L1 Group’s approximately A$70.1 million entitlement placed with new shareholders
  • Mark Landau and Raphael Lamm took up their full entitlements
  • Retail offer opens on 13 October at A$1.76 per share
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