Magellan Global Fund (ASX: $MGF) Suspension from Quotation

Magellan Global Fund (ASX: $MGF) has requested the suspension of its securities from quotation at the close of trading on Thursday, 11 July 2024. This is in anticipation of the removal of MGF from the Official List of ASX following unitholder approval to convert Closed Class Units in MGF to Open Class Units in MGF.

Executive Commentary on Suspension from Quotation

We have requested the suspension of Magellan Global Fund's securities from quotation in preparation for the removal of MGF from the Official List of ASX. This action follows the unitholder approval to convert Closed Class Units in MGF to Open Class Units in MGF. For further details, please refer to our announcement dated 20 May 2024.

Summary of Magellan Global Fund's Suspension from Quotation

Magellan Global Fund (ASX: $MGF) has taken the decision to suspend its securities from quotation at the close of trading on Thursday, 11 July 2024, in anticipation of being removed from the Official List of ASX. This move comes after receiving unitholder approval to convert Closed Class Units in MGF to Open Class Units in MGF. Shareholders are advised to refer to MGF's announcement dated 20 May 2024 for more information. The company's focus on unit conversion reflects its commitment to aligning its offerings with the preferences of its unitholders and maintaining transparency in its operations.