The listed investment company, named Perpetual Equity Investment Company Limited, will initially offer for every share subscribed under the offer an entitlement for a further share.
Perpetual said a prospectus will be made available once it has been lodged with ASIC and the securities are offered.
This latest announcement follows the statement by Perpetual in its 2014 financial year results that it would continue to pursue its 'Transformation 2015' strategy aimed at “capturing growth opportunities” and “extending capability and infrastructure into additional products and services”.
==
==
It also follows the announcement of the Perpetual Global Share Fund in August by Perpetual chief executive Geoff Lloyd.
