FFI Holdings Ltd Announces Non-Renounceable Entitlement Offer

In a strategic move to bolster its financial position, FFI Holdings Ltd, a prominent player in the Consumer Staples sector specializing in food products, has announced a non-renounceable entitlement offer. This initiative aims to raise approximately AUD 11 million, marking a significant step for the company listed on the ASX All Markets.

Key Details of the Entitlement Offer

The offer, set at an attractive price of AUD 3.50 per new share, represents a 13.6% discount to the company’s last closing share price of AUD 4.05 on May 16, 2025. This pricing strategy not only makes the offer appealing to current shareholders but also underscores the company’s commitment to providing value to its investors.

Eligible shareholders are invited to participate in a two-for-seven pro-rata entitlement offer. This means that for every seven shares held as of the Record Date, shareholders will have the opportunity to acquire two new fully paid ordinary shares at the offer price. The Record Date is set for 7:00 pm Sydney time on Friday, May 23, 2025.

Financial Implications and Strategic Use of Funds

The decision to proceed with this entitlement offer comes at a time when FFI Holdings Ltd is looking to strengthen its market position and expand its product offerings. The funds raised through this offer are earmarked for strategic investments that align with the company’s long-term growth objectives.

FFI Holdings Ltd, known for its diverse range of products including baking goods, fresh sausages, and confectionery items, aims to leverage the additional capital to enhance its production capabilities and explore new market opportunities. This move is expected to bolster the company’s competitive edge in the food products industry.

Compliance and Regulatory Considerations

In compliance with the Corporations Act 2001, FFI Holdings Ltd has ensured that all necessary provisions have been met. The company has adhered to the requirements of Chapter 2M of the Corporations Act, as well as Sections 674 and 674A, ensuring a transparent and compliant process.

The entitlement offer has been structured without the need for disclosure under Part 6D of the Corporations Act, as there is no excluded information as defined in sections 708AA(8) and 708AA(9). This streamlined approach facilitates a smoother execution of the offer.

Conclusion

FFI Holdings Ltd’s non-renounceable entitlement offer is a strategic initiative aimed at enhancing shareholder value and supporting the company’s growth trajectory. By offering shares at a discounted price, the company not only rewards its existing shareholders but also positions itself for future success in the competitive food products market. As the offer closes on June 17, 2025, shareholders are encouraged to review the offer details and consider participating in this promising opportunity.