Shaw and Partners is pleased to be appointed as Co-Manager to the proposed IPO of WAM Strategic Value Limited.
The company is seeking to raise up to $225m via an issue of up to 180 million securities issued at $1.25 per security. The company intends to list on the ASX under the code ASX: WAR.
The company aims to provide shareholders with strong risk adjusted returns derived from an investment strategy focused on identifying and capitalising on buying assets at a discount. The investment strategy will primarily focus on Australian LICs and LITs, with which the investment manager Wilson Asset Management has significant expertise and experience for more than 20 years.
The company’s investment objectives are to provide capital growth over the medium-to-long term, deliver a stream of fully franked dividends and preserve capital while providing shareholders with exposure to a diversified equities portfolio.
The offer is available to Australian resident Sophisticated or Professional clients.
For more information please contact your Shaw and Partners adviser.
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