Count raises $35.9m to fund Oracle Group acquisition and launches retail SPP

Countplus Limited ( (AU:CUP) ) has shared an update.

Count Limited has raised $35.9 million via a fully underwritten institutional placement of approximately 34.2 million new shares at $1.05 each, a 7.5% discount to its last close, with strong support from existing and new institutional investors. The funds will help finance the acquisition of Oracle Group’s accounting and investment management businesses, with completion subject to regulatory approvals, while directors plan additional participation and the shares are set to begin normal trading shortly.

Alongside the placement, Count is launching a share purchase plan offering eligible Australian and New Zealand retail shareholders up to $30,000 of new shares at the same issue price, targeting up to $5 million and reserving the right to scale back or increase the offer. New shares from both the placement and SPP will rank equally with existing stock, and the timetable sets out April–May 2026 issuance and trading dates, underscoring Count’s broader capital management and growth strategy for the benefit of its shareholder base.

The most recent analyst rating on (AU:CUP) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Countplus Limited stock, see the AU:CUP Stock Forecast page.

More about Countplus Limited

Count Limited is an Australian financial services firm listed on the ASX that focuses on accounting, advisory and wealth management services. The company operates through a network model, supporting accountants and financial advisers, and is expanding its footprint in the professional services and investment advisory market through targeted acquisitions.

Average Trading Volume: 60,882

Technical Sentiment Signal: Buy

Current Market Cap: A$190.9M

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