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Gryphon Capital Income Trust ( (AU:GCI) ) has issued an update.
Gryphon Capital Income Trust, managed by One Managed Investment Funds Limited, has announced a unit purchase plan offering new ordinary units to existing eligible unitholders. The offer, which is not underwritten, allows unitholders to purchase up to A$30,000 worth of new units at a price of A$2.00 per unit, representing a 2.85% discount to the recent trading average. This initiative aims to raise up to A$337,089,300 to support the Trust’s investment strategy. The offer opens on October 14, 2025, and closes on October 30, 2025, with results announced on November 3, 2025. The proceeds will be used to enhance portfolio management, aligning with the Trust’s strategic goals.
More about Gryphon Capital Income Trust
Average Trading Volume: 973,906
Technical Sentiment Signal: Buy
Learn more about GCI stock on TipRanks’ Stock Analysis page.