MFG.ASX: Trading Halt

Trading Halt

Stock	Magellan Financial Group Ltd (MFG.ASX)
Release Time	2 Mar 2026, 7:43 a.m.
Price Sensitive	Yes

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Magellan Financial Group Requests Trading Halt

Key Points

Magellan Financial Group (MFG) requests trading halt pending announcement on proposed merger and capital raising
Halt to last until earlier of MFG announcement on completion of institutional placement or market open on 3 March 2026
MFG not aware of any reason why halt should not be granted

Full Summary

Magellan Financial Group Ltd (MFG) has requested an immediate trading halt in its securities on the Australian Securities Exchange (ASX). The trading halt has been requested pending the release of an announcement by MFG in connection with a proposed merger which includes a proposed capital raising comprising an institutional placement and a share purchase plan. MFG has requested that the trading halt last until the earlier of MFG releasing an announcement in relation to the completion of the institutional placement or the commencement of trading on 3 March 2026. MFG expects that the trading halt will be ended by it making an announcement to ASX in relation to the completion of the institutional placement. MFG has stated that it is not aware of any reason why the trading halt should not be granted or of any other information necessary to inform the market about the trading halt.