Regal Investment Fund (ASX: RF1)
Listed on the ASX in June 2019, RF1 provides investors with exposure to a selection of alternative investment strategies, with an objective to produce attractive risk-adjusted absolute returns over a period of more than five years with limited correlation to equity markets.
REGAL INVESTMENT FUND UNIT PURCHASE PLAN - NOW OPEN
Equity Trustees Limited (EQT), as Responsible Entity of the Regal Investment Fund (RF1), announced on 1 December 2022 that it was conducting a placement of units to certain wholesale investors (Placement) and a concurrent unit purchase plan (UPP) to eligible existing unitholders of RF1 at an offer price of $3.01.
The offer price is equal to the estimated Net Asset Value per unit of the Fund on Friday, 25 November 2022 and represents a discount of 7.1% to the $3.24 ASX closing price of RF1 on Wednesday, 30 November 2022.
Participation in the UPP is optional and open to eligible unitholders of the Fund with a registered address in Australia or New Zealand as at 7.00pm (Sydney, Australia time) on Wednesday, 30 November 2022.
Eligible unitholders can elect to participate in the UPP via the RF1 Offer Website below.RF1 UPP Offer Website
The Unit Placement Plan is scheduled to open on Friday, 2 December 2022 and expected to close on Monday, 19 December 2022. Please find further information at the links below.