Global Masters Fund Limited (ASX:GFL) has disclosed a change in the relevant interests of Alternate Director Jason Pohl, following the conversion of 6,452 convertible notes into ordinary shares on 12 November 2026, with the transaction valued at $20,001.20.

Key Points

  • Alternate Director Jason Pohl converted 6,452 convertible notes (GFLGA) into 6,452 ordinary shares on 12 November 2026
  • The transaction was valued at $20,001.20 and conducted in accordance with the Note Terms
  • The interest is held indirectly through Milkshake Management Pty Ltd, in which Pohl is a director
  • Following the change, Pohl's indirect holding stands at 10,452 ordinary shares and nil convertible notes

Conversion Details and Transaction Value

According to the filing lodged with the ASX, the nature of the change was the conversion of convertible notes to ordinary shares in accordance with the Note Terms. The 6,452 Class A ordinary shares were acquired and 6,452 convertible notes (GFLGA) were simultaneously disposed of. The consideration for the transaction was recorded at $20,001.20. The filing states that the transaction did not occur during a closed period requiring prior written clearance, and no such clearance was sought or provided.

Securities Held Before and After the Change

Prior to the change recorded on 12 November 2026, Jason Pohl held an indirect interest in 1,000 ordinary shares and 6,452 convertible notes through Milkshake Management Pty Ltd. Following completion of the conversion, the filing discloses that Pohl's indirect holding increased to 10,452 ordinary shares, while his convertible note holding reduced to nil. The previous notice relating to Pohl's director's interest was dated 21 May 2026, according to the filing.

Indirect Interest via Milkshake Management Pty Ltd

The filing states that Jason Pohl's relevant interest in Global Masters Fund Limited securities is held indirectly through Milkshake Management Pty Ltd, in which he holds the role of director. The disclosure was made by Global Masters Fund Limited under ASX Listing Rule 3.19A.2 and as agent for the director under section 205G of the Corporations Act. No changes to director interests in contracts were reported, with Part 2 of the filing recording all contract-related fields as not applicable.