Argo Infrastructure Launches Share Purchase Plan
Key points
- Argo Global Listed Infrastructure Ltd announces a Share Purchase Plan (SPP)
- Open to eligible shareholders who held ALI shares on 18 May 2026
- Offers up to $30,000 of new shares at a discounted price
- Funds will be used for further investments in global listed infrastructure securities
Full summary
Argo Global Listed Infrastructure Ltd, trading as Argo Infrastructure (ASX: ALI), has announced a Share Purchase Plan (SPP) to eligible shareholders who held ALI shares on 18 May 2026. This is the company's first SPP since 2022, following inquiries from recent shareholder meetings. The SPP offers eligible shareholders the opportunity to acquire up to $30,000 worth of new fully paid ordinary shares in Argo Infrastructure without incurring brokerage or other charges. The SPP opens on 22 May 2026 and closes on 5 June 2026. The SPP price will be the lower of $2.40 per new share or the volume-weighted average price of ALI shares over the last 5 trading days of the SPP Offer period, rounded down to the nearest cent.
Outlook
Argo Infrastructure expects the SPP to provide additional capital for further investments in global listed infrastructure securities.
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