VGI Partners Limited (ASX: VGI) announced that it had completed the merger with Regal Funds Management Pty Limited in line with the terms of the Merger Implementation Deed dated 30 March 2022. The company has acquired 100% shares in Regal in consideration for the issue of 141,008,460 new fully paid ordinary shares in the Company to Regal shareholders. The company’s name has also been changed from “VGI Partners Limited” to “Regal Partners Limited”. Regal Partners Limited has requested the Australian Securities Exchange to change its ticker code from “VGI” to “RPL”.
The company has changed its Board of Directors and Company Secretary, as it has appointed Michael Cole, Sarah Dulhunty, and Ian Gibson as new directors. While Darren Steinberg and Benjamin Pronk have resigned as directors of Regal Partners, and Robert Luciano resigned as executive chairman and director. Still, he will continue to work as a chief investment officer for the VGI Partners investment team within the broader group.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.