HCF - H&G High Conviction

[System]

H&G High Conviction Limited is an active investment company managed by H&G Investment Management Ltd, an entity owned by Hancock & Gore Ltd (ASX:HNG).

The Company is aiming to provide its Shareholders with access to:

• a highly experienced and active Manager with deep knowledge of Australian equities;
• a concentrated portfolio of approximately 20 to 25 investments in ASXlisted micro capitalisation companies (with market capitalisations under $300 million at the time of the initial investment);
• an actively managed, fundamentals-based investment approach with a focus on capital preservation, long-term capital growth and income from its investments; and
• an Investment Team and a Board with significant experience in funds management, listed equities, alternative assets and corporate governance; and
• the benefits of the LIC structure, which provides investors with liquidity, experienced corporate governance and the ability to pay fully franked dividends.

It is anticipated that HCF will list on the ASX during September 2022.

HOME | Hancock & Gore

www.hancockandgore.com.au

 

[Dona Ferentes]

Listing date	22 September 2022 10:30 AM AEST ##
Company contact details	HOME | Hancock & Gore www.hancockandgore.com.au Ph: +61 2 8667 4600
Principal Activities	Listed Investment Company
GICS industry group	TBA
Issue Price	NAV per Share as at 5.00pm (Sydney time) on the Closing Date
Issue Type	Ordinary Fully Paid Shares
Security code	HCF
Capital to be Raised	$30,000,000
Expected offer close date	06 September 2022
Underwriter	Not underwritten. Morgans Corporate Limited (Lead Manager).

...................... $30M isn't big. I might monitor for what they buy into, but the fees will be a killer, I'd suspect

 

[divs4ever]

Request for trading halt

H&G High Conviction Limited (Company) requests an immediate trading halt in respect of its shares.

In accordance with Listing Rule 17.1, the Company provides the following information:

1. the trading halt is requested pending an announcement regarding the Company's current assets and the assets it expects to hold after the in-specie distribution (Announcement);
2. the Company requests that the trading halt remain in place until the earlier of commencement of trading on Wednesday, 30 April 2025 and the Announcement is made to the market;
3. the Company is not aware of any reason why the trading halt should not be granted or any other information necessary to inform the market about the trading halt.

This request has been authorised for release to ASX by the responsible officer

i hold HCF