WCM Global Growth sets DRP price at A$1.77 for ordinary dividend

WCM Global Growth Limited (ASX:WQG) has updated its dividend reinvestment plan (DRP) for the ordinary dividend for the quarter ending June 30, 2025. The DRP price is A$1.77000 per security for the dividend with a record date of September 12, 2025, and an ex-date of September 11, 2025. The payment date is September 30, 2025.

The DRP price is calculated at 95 percent of the weighted average price of fully paid ordinary shares sold on the ASX platform over five trading days from the dividend ex-date. The ordinary dividend distribution is A$0.02060000 per security, fully franked at 100% with a corporate tax rate of 30%.

The company is offering a DRP discount rate of 5%. This includes an issue price discount of 3% and an additional 2% one-time participation incentive for the final dividend, funded by the company's investment manager, AGP International Management Pty Limited. DRP securities will be new issues and will rank pari passu from the issue date of September 30, 2025. The last date for lodging DRP election notices is September 17, 2025.