FOS Capital Ltd (ASX:FOS) has disclosed a change in the relevant interests of director Michael Monsonego following his direct and indirect participation in a share placement, with the change recorded on 3 November 2026.

Key Points

  • Director Michael Monsonego acquired shares on 3 November 2026 through direct participation and indirectly via SKM Investment Group Pty Ltd
  • 208,333 shares were issued directly to Michael Monsonego for consideration of $25,000
  • 104,167 shares were acquired indirectly, representing 25% of 416,667 shares issued to SKM Investment Group Pty Ltd for $50,000, with Monsonego's attributable cost being $11,250
  • The placement was approved by shareholders on 28 October 2026
  • No securities were disposed of as part of the change

Director's Direct and Indirect Share Acquisition

According to the filing, Michael Monsonego holds both direct and indirect interests in FOS Capital Ltd ordinary shares. The direct interest of 208,333 shares was issued to Monsonego personally under the directors' participation in the placement. The indirect interest arises through SKM Investment Group Pty Ltd, in which Monsonego serves as a director and holds a 25% equity interest. Prior to the change, his indirect interest comprised 8,027,589 shares, representing 25% of the 32,110,357 ordinary shares held by SKM Investment Group Pty Ltd.

Post-Change Securities Holdings

Following the placement, the filing discloses that Michael Monsonego holds 208,333 shares directly. His indirect holding has increased to 8,131,756 shares, representing 25% of the 32,527,024 shares held by SKM Investment Group Pty Ltd after the placement. The nature of the change is recorded as director's participation in the placement of shares, as approved by shareholders on 28 October 2026. No securities were disposed of, and the filing confirms the interests were not traded during a closed period requiring prior written clearance.

Placement Consideration and Shareholder Approval

The filing states that $25,000 was paid by Michael Monsonego for the shares issued directly to him, and $11,250 — representing 25% of the $50,000 paid by SKM Investment Group Pty Ltd — is attributed to Monsonego in respect of the indirect placement shares. The share placement forming the basis of this director interest change was approved by shareholders at a meeting held on 28 October 2026. The previous director's interest notice for Monsonego was dated 25 February 2026. No changes to director interests in contracts were reported.