Retail Entitlement Offer Announcement and Booklet
| Stock | Megaport Ltd (MP1.ASX) |
|---|---|
| Release Time | 11 Jun 2026, 9:04 a.m. |
| Price Sensitive | Yes |
Megaport Opens Retail Entitlement Offer
- Megaport opens retail component of its entitlement offer
- Offer price set at A$14.30 per new share
- Eligible retail shareholders can apply for additional shares up to 50% of their entitlement
- Offer closes on 29 June 2026
Megaport Limited (ASX: MP1) has launched the retail component of its fully underwritten 1 for 3.08 pro rata accelerated non-renounceable entitlement offer, aiming to raise approximately A$309 million. Eligible retail shareholders can subscribe for new fully paid ordinary shares at A$14.30 per share, the same price and ratio applied to the recently closed institutional offer. Additionally, eligible retail shareholders have the opportunity to apply for up to 50% more shares than their entitlement through a top-up facility. The retail entitlement offer will close at 5:00pm (Sydney time) on Monday, 29 June 2026.
Retail Entitlement Offer expected to raise approximately A$309 million
Megaport aims to support AI at a global scale by combining its global footprint with Latitude.sh's platform capabilities.