WAM Income Maximiser Announces Share Purchase Plan for Shareholders

WAM Income Maximiser Limited (ASX: WMX) has launched a Share Purchase Plan (SPP) enabling eligible shareholders to acquire up to AU$30,000 in fully paid ordinary shares at a discount to the current market price and without brokerage fees. The shares will be issued at a price equal to the lower of AU$1.602 per share or a 2.5% discount to the five-day volume-weighted average price (VWAP) calculated as of the issue date, 17 November 2025.

Participants will also qualify for the November and December 2025 fully franked dividends of 0.35 and 0.40 cents per share, respectively. Since the IPO, the portfolio has increased 8.6% and currently delivers a gross running yield of 4.6%, including franking credits, reflecting consistent performance. The company remains on track to achieve its target return of the RBA Cash Rate plus 2.5% per annum. The SPP, open from 20 October to 12 November 2025, aims to raise up to AU$48.1 million through the issue of 30 million shares.

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