L1 Long Short Fund Lists New Shares from Distribution Plan on ASX

L1 Long Short Fund Ltd. ( (AU:LSF) ) has provided an update.

L1 Long Short Fund Ltd. has applied for quotation on the ASX of 847,547 ordinary fully paid shares, to be issued on 20 March 2026. The new securities arise under a dividend or distribution plan, modestly increasing the fund’s quoted capital base and potentially enhancing liquidity for existing and new investors.

The additional shares do not represent a new capital raising but rather the issuance of equity in lieu of cash distributions to participating shareholders. This move continues the fund’s practice of offering distribution reinvestment, which can support incremental growth in funds under management and align long-term investor interests with the performance of the underlying long–short portfolio.

The most recent analyst rating on (AU:LSF) stock is a Buy with a A$5.00 price target. To see the full list of analyst forecasts on L1 Long Short Fund Ltd. stock, see the AU:LSF Stock Forecast page.

More about L1 Long Short Fund Ltd.

L1 Long Short Fund Ltd. is an Australian-listed investment company trading on the ASX under the code LSF. The fund operates in the asset management industry, providing investors with exposure to a long–short equities strategy through its ordinary fully paid shares.

Average Trading Volume: 559,463

Technical Sentiment Signal: Buy

For detailed information about LSF stock, go to TipRanks’ Stock Analysis page.