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MEDIA RELEASE

Wellard joins ASX 300 index

14 March 2016

Wellard Ltd (Wellard, ASX:WLD) is pleased to confirm that it has been promoted into the S&P/ASX 300 Index.

The S&P/ASX 300 provides investors with broader exposure to the Australian equity market. The index is liquid, float-adjusted and includes up to 300 of Australia’s largest securities by float-adjusted market capitalisation.  The index is designed to address investment managers' needs to benchmark against a broad opportunity-set characterised by sufficient size and liquidity. 

“Inclusion in the S&P/ASX 300 soon after our IPO is pleasing,” said Wellard CEO Mauro Balzarini.

“It opens up new opportunities for exposure as we continue to develop Wellard through implementation of our growth strategy.  Many institutional investors are restrained to investing in companies belonging to particular indices so we can now field increased interest from a wider range of potential investors.”

 

For further information:

Investors

Managing Director, Mauro Balzarini

Finance Director, Greg Wheeler

Phone: + 61 8 9432 2800

 

Media

FTI Consulting, Cameron Morse

Phone: + 61 8 9485 8888

Mobile: +61 (0) 433 886 871

Visit www.wellard.com.au