Share Purchase Plan
Share Purchase Plan - Now Open
As announced on 18 June 2025, Staude Capital Global Value Fund Limited (ASX: GVF) (GVF or the Company) is offering eligible shareholders the opportunity to participate in a Security Purchase Plan (SPP).
Recent financial market volatility has highlighted the benefits of the Company’s proposition for investors. GVF aims to generate equity market like returns over time, but with a meaningfully lower risk profile than a typical investment in share markets. Over nearly 11 years of investing, GVF has generated adjusted NTA returns¹ of 11.3% per annum and has done so without recording a negative financial year of investment performance. Recent investment returns have been even stronger than this. Since closing its last capital raising in December 2020, GVF has generated adjusted NTA returns of 13.1% ² per annum.
GVF is committed to ensuring that shareholders directly participate in their Company’s investment returns through its dividend policy. Having listed at $1 per share, the Company has so far returned to shareholders a total of 87 cents per share in grossed up dividends. The Company’s dividend profit reserve is currently 37 cents per share, which represents more than 4 years’ worth of future dividend payments at the current dividend payment rate.
The SPP allows eligible shareholders (primarily residents of Australia or New Zealand) who held GVF shares at 7:00pm (Sydney time) on 17 June 2025 (Record Date) to apply for up to $30,000 of new fully paid GVF ordinary shares (SPP Shares) without incurring brokerage or transaction costs. The offer price is $1.34 per Share (Issue Price).
Participation in the SPP is optional. Full details of the SPP are contained in the SPP Offer Document dated 19 June 2025. Eligible shareholders should read the SPP Offer Document in its entirety and consult with their financial or other professional adviser before deciding whether or not to participate in the SPP.
The SPP Offer Document and your personalised SPP Acceptance Form can be accessed at www.investorserve.com.au and a copy of your personalised SPP Acceptance Form is available here.
Applications
To access the online system at www.investorserve.com.au, you will need to provide your Securityholder Reference Number (SRN) or Holder Identification Number (HIN) and postcode and follow the instructions provided including making payment by BPAY® for the securities you wish to subscribe for.
The SPP is scheduled to close at 5:00pm (Sydney time) on Monday, 11 July 2025 (although the Company reserves the right to vary the closing date without prior notice, subject to the Corporations Act and the Listing Rules).
If you require any information about the SPP, or if you are unable to access www.investorserve.com.au, please contact the Registry from 8:15am to 5:30pm (Sydney time) Monday to Friday on 1300 737 760 (within Australia) or +61 2 9290 9600 (outside Australia).
Shareholders can also contact:
Portfolio Manager, Miles Staude at miles.staude@globalvaluefund.com.au or 0423 428 972, and Corporate Affairs, Emma Davidson at emma.davidson@globalvaluefund.com.au or 0401 299 885.
¹Adjusted NTA returns are net of all fees and expenses and are adjusted for the payment of taxes, dividends, and the effects of capital management initiatives. They do not include any franking credits received by the Company. Data is from GVF’s IPO through to 31 May 2025. Performance data is estimated and unaudited. Source: Staude Capital Pty Ltd.
²Adjusted NTA returns from 16 December 2020 to 31 May 2025. Performance data is estimated and unaudited. Source: Staude Capital Pty Ltd.
Why invest with the Global Value Fund?
GVF celebrated being listed a decade in July 2024
10 consecutive years (FY2014-FY2024 inclusive) of positive investment returns
GVF’s net investment returns over its life have been >11% per annum
GVF has paid most of these returns out by way of fully franked dividends
GVF IPO’d in July 2014 at $1, has returned >86c on that $1 and the Share Price is $1.34 today
Rated ‘Recommended’ by Lonsec for several years in a row
Stay Connected
As a GVF shareholder, we will keep in touch through email updates, investment insights, videos, shareholder events, and educational content. This ensures you’re informed about performance, market trends, and company news.
Disclaimer:
The information provided is general in nature. Consult a financial adviser to ensure GVF aligns with your financial objectives. Keep in mind that this is general information and does not consider your specific financial situation or needs. Be sure to evaluate whether this investment suits your goals and seek advice from a financial professional if necessary.