360 Capital Reshapes Board as Director Retires Ahead of Privatisation

The latest update is out from 360 Capital Group Limited ( (AU:TGP) ).

360 Capital Group has announced the retirement of independent non-executive director Tony McGrath, effective 31 January 2026, following TT Investments’ move to compulsorily acquire the remaining securities it does not already own in the group. McGrath, who joined the board in March 2022 and chaired the Audit and Risk Committee while serving on the ESG Committee, will not be replaced, with the company citing its pending privatisation, simplified business and the remaining board’s skillset as reasons. From 1 February 2026, the main group board will consist of Executive Chairman Tony Pitt, Independent Deputy Chairman David van Aanholt and Independent Non-Executive Director Andrew Moffat, while the board of 360 Capital FM Limited will be reshaped with van Aanholt as Independent Chairman, Moffat as Independent Non-Executive Director and Pitt as Director; Moffat will also assume the chair of the Audit and Risk Committee, signalling a streamlined governance structure ahead of the group’s transition to private ownership.

The most recent analyst rating on (AU:TGP) stock is a Buy with a A$0.35 price target. To see the full list of analyst forecasts on 360 Capital Group Limited stock, see the AU:TGP Stock Forecast page.

More about 360 Capital Group Limited

360 Capital Group is an ASX-listed investment and funds management group focused on strategic and active management of real estate assets, investing across Australian real estate equity and credit opportunities on behalf of its stakeholders. The group also manages listed vehicles including 360 Capital REIT and 360 Capital Mortgage REIT through its responsible entity, 360 Capital FM Limited.

Average Trading Volume: 903,590

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$57.6M

For an in-depth examination of TGP stock, go to TipRanks’ Overview page.