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PACIFIC CURRENT GROUP LIMITED — Capital/Financing Update 2025
Mar 13, 2025
65526_rns_2025-03-13_73e1a297-2ace-406d-9c73-de8369ad1242.pdf
Capital/Financing Update
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Tacoma // Melbourne
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ASX ANNOUNCEMENT
14 March 2025
Update on Buy-Back Applications Received
Pacific Current Group Limited (ASX: PAC) ( PAC ) refers to its announcement on 31 January 2025 in relation to the off-market equal access share buy-back of up to $300m of surplus capital ( Buy-Back ), which opened to eligible shareholders on 10 February 2025.
PAC provided an update to Shareholders on 7 March advising the extension of the Buy-Back offer period to 5.00pm (AEDT) on Friday 21 March 2025 ( Closing Date ) and the number of Applications received from Eligible Shareholders.
PAC advises that as at 5pm on Thursday 13 March 2025, PAC had received Applications from Eligible Shareholders representing approximately 65.86% of the maximum number of shares (being 25,000,000) proposed to be bought back pursuant to the Buy-Back.[1]
-ENDS-
AUTHORISED FOR LODGEMENT BY: The Chair of Pacific Current Group Limited.
CONTACT
For Investor & Media enquiries:
Michael Clarke - Executive Director & Acting CEO E: [email protected] T: (+61) 3 8375 9611
ABOUT PACIFIC CURRENT GROUP // www.paccurrent.com
Pacific Current Group is a multi-boutique asset management firm dedicated to providing exceptional value to shareholders, investors and partners. We apply our strategic resources, including permanent capital and operational expertise to help our partners excel. Excluding the public securities in Abacus, Pacific Current Group has investments in 8 boutique asset managers globally. For more information, please visit: www.paccurrent.com
1 Capitalised terms have the meaning given to them in the Buy-Back Booklet released on 31 January 2025. These figures are provisional only and cannot be confirmed until all processing and related records are fully reconciled and audited following close of the Buy-Back.
Pacific Current Group (ABN 39 006 708 792) Suite 3, Level 3, 257 Collins Street Melbourne VIC 3000 Australia www.paccurrent.com Tel: +61 3 8375 9611