WCM Global Growth (ASX:WQG) has introduced a Share Purchase Plan for its eligible shareholders. This plan allows shareholders to acquire up to 19,230 new shares at a reduced price of $1.56 per share. The initiative is aimed at boosting the company's market capitalisation, improving liquidity, and diversifying its shareholder base.
WCM Global Growth (ASX:WQG) is offering a Share Purchase Plan (SPP) to its eligible shareholders, priced at $1.56 per share. This price is set at a discount compared to recent trading values, providing an attractive proposition for shareholders to expand their investments without brokerage fees. The SPP aims to increase the company's market capitalisation and improve liquidity, which in turn can attract a more varied shareholder demographic. Key dates include the opening of the SPP on November 6, 2024, and its closure on December 4, 2024. Proceeds from the SPP will be invested in a diversified portfolio of high-growth global companies, supporting the company's long-term investment goals. The SPP is a significant step in WQG's strategy to fortify its financial standing and broaden its investor reach.
The Share Purchase Plan provides shareholders with a compelling opportunity to increase their investment in WCM Global Growth at a discounted rate. This initiative aligns with our strategy to support growth and enhance shareholder value through a more diversified and expansive investor base.