Mayfield Group's oversubscribed share plan raises over $5m

Mayfield Group Holdings Ltd has confirmed the successful completion of its Share Purchase Plan (SPP), which closed on Friday, 28 November 2025. The company received strong shareholder support, with over 259 eligible applications totaling more than A$5 million, exceeding the SPP offer size of A$3 million. The issue price for new fully paid ordinary shares under the SPP was set at A$1.90.

Due to the oversubscription, Mayfield implemented a scale-back of applications to ensure shareholder fairness. Applications for the minimum amount of A$2,500 were not scaled back, with eligible shareholders receiving 1,315 new shares. Applications exceeding A$2,500 were scaled back on a pro rata basis relative to shareholdings as of the record date.

A total of 1,578,767 new shares are scheduled for issue on Wednesday, 3 December 2025. Trading of these new shares on the ASX is expected to commence on Thursday, 4 December 2025, with holding statements dispatched on the same day. Excess application money resulting from the scale-back will be refunded electronically by Monday, 8 December 2025.