Media Release: Antipodes Global Investment Company closes in on $330m

Sydney, 26 September 2016: Antipodes Global Investment Company Limited (ASX: APL) today advised that with broker firm bids being finalised and the capital raising approaching the $330m maximum disclosed in the prospectus, the Board has announced that it will not accept subscriptions beyond $330m. Investors are encouraged to submit their application before the Offer closes.

APL’s Broker Firm Offer is in the final stages of closure and the General Offer closes on Friday 30 September 2016. Trading on the ASX is expected to commence on 18 October 2016.

Based on the Antipodes Global Fund strategy, APL will provide investors with access to a long-short global securities investment portfolio with a currency overlay.

The LIC seeks to satisfy the shortage of listed global equity products that has the potential to deliver in all market conditions.

APL Board member Andrew Findlay said: “The offer has been very well supported and we are very pleased with strong demand for the investment strategy via the LIC. Whilst the Company has the ability to accept subscriptions in excess of $330m, it has been decided that it would be in the interest of shareholders to close the offer at this point. Naturally anyone that misses out will have the opportunity to participate in the aftermarket commencing on 18 October 2016.”

The Initial Public Offer (IPO) has an issue price of $1.10 per share. Investors will also be issued one option for every one share issued under the Offer.

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