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Wisetech Global ( (AU:WTC) ) has issued an announcement.
WiseTech Global has disclosed that RealWise Holdings, a company owned and controlled by Executive Chair and Chief Innovation Officer Richard White, has entered into a collar derivative and related financing facility with Macquarie Bank over 20 million WiseTech shares, representing about 6% of the company’s issued capital, for a term of up to 5.5 years. The structure, involving cash-settled put and call options and the lending of shares to Macquarie, will allow White to unlock liquidity to refinance existing RealWise debt and meet tax and other personal obligations while retaining approximately 95 million WiseTech shares outside the arrangement; he has also stated he has no intention to sell further shares or enter additional derivatives before the release of WiseTech’s FY26 results, and reaffirmed his long‑term commitment to the business and alignment with shareholders, suggesting limited impact on control or strategic direction despite the technical transfer of legal title to Macquarie.
The most recent analyst rating on (AU:WTC) stock is a Buy with a A$109.15 price target. To see the full list of analyst forecasts on Wisetech Global stock, see the AU:WTC Stock Forecast page.
More about Wisetech Global
WiseTech Global is a leading developer and provider of software solutions for the logistics, global trade and supply chain industry, serving more than 17,000 customers across 193 countries, including most of the world’s largest third-party logistics providers and freight forwarders. Its flagship CargoWise platform underpins complex global logistics operations with extensive functionality, integration and compliance capabilities, reflecting the company’s strategy to be the operating system for global trade and logistics.
Average Trading Volume: 1,003,972
Technical Sentiment Signal: Sell
Current Market Cap: A$22.38B
For detailed information about WTC stock, go to TipRanks’ Stock Analysis page.