The offer is being undertaken in response to ongoing investor demand for stable and predictable income. Gryphon believes funds raised under the Offer and deployed in accordance with the Investment Strategy will achieve the following:
The Offer is not expected to impact the Trust’s Target Return which remains unchanged or the Trust’s ability to pay monthly distributions to Unitholders during the period it takes to fully invest the additional capital raised.
| Entitlement Offer and Shortfall Offer Details | |
| Entitlement Offer Ratio | 1 New Unit for every 4 existing Units |
| Offer Price | $2.00 |
| Maximum number of New Units that may be issued under the Entitlement Offer | 104,863,100 |
| Maximum gross proceeds from the Entitlement Offer | $209,726,200 |
| Important Dates | |
| 24 February 2025 | Announcement of the Offer |
| 10 March 2025 | Offer opens |
| 25 March 2025 | Offer Closing Date (5:00 pm AEDT) |
| 27 March 2025 | Results of the Entitlement Offer announced |
| 1 April 2025 | Entitlement Offer Issue of New Units |
| 2 April 2025 | Normal trading of New Units and Additional New Units issued under Entitlement Offer expected to commence on the ASX |
The Responsible Entity intends to offer any New Units not taken up by Eligible Unitholders under the Entitlement Offer (including the Oversubscription Facility) (Shortfall) at the Offer Price under the Offer Booklet (Shortfall Offer) to Wholesale Investors. The Responsible Entity currently expects to finalise the Shortfall Offer on Wednesday 26 March 2025.
Refer to section 4 How to apply of the Offer Booklet, available once the Offer opens.
If after the Offer Opening Date you have not received or you have lost your personalised Entitlement and Acceptance Form, or you have any questions regarding the Entitlement Offer, then please contact the Unit Registry information hotline on 1300 737 760 (within Australia) or +61 2 9290 9600 (outside Australia) (between 8.15am to 5.30pm AEDT on a Business Day). If you have any further questions, then you should contact your Broker, solicitor, accountant, taxation adviser, financial adviser or other professional adviser without delay and before making an investment decision.
