Home Consortium (ASX:HMC) trading as HMC Capital, has launched a New Options Offer in capital shares for early investors of its HMC Capital Partners Fund prior to September 30.
In July, HMC Capital?s subsidiary HMC Investment Management launched the Fund, and to assist in driving initial investments and success in it, investors may apply for 1 New Option for every 50 units subscribed for.
Under the Offer a maximum of 2,802,102 New Options may be issued with an exercise price of $7.00 per HMC Capital share.
The asset manager also announced the appointment of Susan Roberts as a non-executive director with effect from the conclusion of its Annual General Meeting today.