Global Masters Fund Applies to Quote 755,674 Ordinary Shares from Convertible Bond Conversion on 12 November 2026

Aakashdeep

12 November 2026 05:48 PM AEDT

Global Masters Fund Applies to Quote 755,674 Ordinary Shares from Convertible Bond Conversion on 12 November 2026

Image Source: Krish Capital Pty Ltd

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Global Masters Fund Limited (ASX:GFL) has applied to ASX for the quotation of 755,674 fully paid ordinary shares, issued on 12 November 2026 following the conversion of convertible bonds under the GFLGA security class, at an issue price of AUD $3.10 per security.

Key Points

755,674 ordinary fully paid shares to be quoted on ASX, issued on 12 November 2026
Shares arose from conversion of GFLGA convertible bonds (5.5% 24-11-26 Quarterly Redeemable Step, Tranche November 2024) at AUD $3.10 per security
New shares will rank equally in all respects from their issue date with existing ordinary shares
Total quoted ordinary fully paid shares following quotation will be 12,040,122

Convertible Bond Conversion Details

According to the filing, the 755,674 new ordinary shares were issued as a result of convertible securities being converted. The converting securities were classified under ASX security code GFLGA, described as a 5.5% convertible bond due 24 November 2026 with quarterly redemption and step terms, Tranche November 2024. Both the first and last conversion dates are recorded as 12 November 2026. The filing states the consideration for the issue was paid in Australian dollars at a price of AUD $3.10 per security, and the securities were not issued under an employee incentive scheme.

Ranking and Quotation of New Ordinary Shares

The filing confirms that the 755,674 newly issued ordinary fully paid shares will rank equally in all respects from their issue date with the existing issued securities in the same class. The securities are described as an addition to an existing class already quoted on ASX. Global Masters Fund Limited applied for quotation of these securities under Appendix 2A of the ASX Listing Rules. The company's ABN is recorded in the filing as 84109047618, and the issuer code is GFL.

Issued Capital Following Quotation

Following the quotation of the new securities, the total number of quoted ordinary fully paid shares on issue will be 12,040,122, according to the figures disclosed in the filing. The GFLGA convertible bond class will separately show a total of 1,908,843 securities on issue following the transaction. The filing notes that these automatically generated figures may not reflect the company's current issued capital if other forms are currently with ASX for processing. No unquoted securities were disclosed in the issued capital table.

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