Latitude Capital Notes 2 - Replacement Prospectus

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Stock Latitude Group Holdings Ltd (LFS.ASX)
Release Time 1 Apr 2026, 8:23 a.m.
Price Sensitive Yes
 Latitude Group Holdings Ltd - Capital Notes 2 Prospectus
Key Points
  • Latitude Group Holdings Ltd is offering $130 million of convertible subordinated perpetual securities (Capital Notes 2)
  • Capital Notes 2 are complex and may not be suitable for investors outside the Capital Notes 2 Target Market
  • Eligible Capital Notes 1 holders can participate in a Reinvestment Offer to maintain an ongoing investment in Latitude
Full Summary

Latitude Group Holdings Ltd is offering $130 million of convertible subordinated perpetual securities (Capital Notes 2) to raise funds. The Capital Notes 2 are unsecured notes and the investment performance is not guaranteed. Investors should carefully consider the risks and other information in the Prospectus in light of their particular investment objectives, financial situation and needs. All applications (both for the New Money Offer and the Reinvestment Offer) must be submitted through a Syndicate Broker. The Offer is subject to the DDO Regime, which means the Company has prepared a Target Market Determination describing the class of Retail Investors that comprises the target market for the Capital Notes 2. Eligible Capital Notes 1 holders can participate in a Reinvestment Offer to maintain an ongoing investment in Latitude, but participation is optional. Latitude has an option to exchange the remaining Capital Notes 1 on 27 October 2026, subject to various factors.