FASF Delisting

On 13 May 2024, investors in the Forager Australian Shares Fund voted on a proposal to delist the Fund from the ASX. The resolution to delist the Fund passed, with 98% of investors who voted, voting in favour of the change.

The Fund will be suspended from trading at close of market on 11 June 2024 and will delist on 14 June 2024.

Read the ASX announcement for the full results of the meeting.

ASX ANNOUCEMENT

Notice of Meeting (NOM) and Explanatory Memorandum (EM)

NOM and EM
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FASF Delisting webinar

Chief Investment Officer Steve Johnson and Portfolio Manager Alex Shevelev ran a webinar about the delisting proposal in April, after the initial announcement to delist was released. In the webinar, they covered:

  • Reasons for the delisting proposal
  • Proposed changes to the Fund
  • Pros and cons of delisting
  • Actions Unitholders should take

They also answered investor questions – watch the recording here.

Watch now

Frequently Asked Questions (FAQs)

What happens now?

The Fund will trade as normal on the ASX up until close of market on 11 June 2024. Trading will then be suspended for 3 days and the Fund will delist on 14 June 2024.

What do I need to do as an investor?

If you would like to remain in the Fund, you don’t need to take any action. Upon delisting, if you are currently invested with a HIN number you will be issued a new Securityholder Reference Number (SRN) which becomes your ID for the Forager Australian Shares Fund. Those with an SRN will keep the same SRN upon delisting.

Once the Fund is delisted, you will be able to access your holdings through Automic in the same way you do now. If you don’t already have an account with Automic, you can set one up following the instructions here.

What if I hold my units with Interactive Brokers?

If your units are held with Interactive Brokers, you will need to contact them and fill out a form which permits the transfer of the units to your personal investing entity.