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WEM Limited Global Growth Wednesday , 17 February 2021 The Manager ASX Markets Announcements Australian Securities Exchange Limited 20 Bridge Street , Sydney NSW 2000 Dear Sir / Madam , Interim Results Update , Interim Dividend and Bonus Options Issue Strong investment performance Commencement of fully franked dividends Attractive dividend reinvestment terms Bonus options issue 14.8 % portfolio return for the half Interim dividend of 2.0 cps fully franked 3 % DRP issue price discount 1 for 3 bonus options exercisable at $ 1.50 per option by 31 August 2022 Half Year Results WCM Global Growth Limited ( WQG or the Company ) today announced an outstanding result with net operating profit after tax for the half - year ended 31 December 2020 of $ 27.21 million . The strong profit result reflects continued investment outperformance of the Company's Portfolio Manager , WCM Investment Management LLC ( WCM ) . The portfolio has delivered a return of 14.8 % over the reporting period , outperforming its benchmark the MSCI All - Country World ex - Australia Index by 3.5 % . For the half - year ended 31 December 2020 , the pre - tax net tangible asset value per share of the Company has increased from $ 1.45 as at 30 June 2020 to $ 1.65 , after payment of a 2.0 cents per share dividend ( 50 % franked ) on 30 September 2020 . Fully Franked Interim Dividend of 2.0 cps The Board is delighted with the progress made in relation to the Company's dividend policy . Dividends were commenced in August 2019 and in September 2020 WQG commenced partial franking of dividends , together with the implementation of a Dividend Reinvestment Plan ( DRP ) . The Company has further enhanced its dividend policy and is pleased to announce the commencement of fully franked dividends , where possible , with the declaration of an interim dividend of 2.0 cents per share which will be 100 % franked . The interim dividend will be paid on 31 March 2021 , with a Record Date of 19 March 2021 . It is expected that any FY2021 final dividend will also be fully franked . Attractive 3 % DRP Issue Price Discount The DRP will be in operation for the FY2021 interim dividend . Shares issued under the DRP for the interim dividend will be issued at a 3 % discount to the volume weighted average price in accordance with the Rules of the DRP . Shareholders who wish to participate in the DRP for the interim dividend must elect to do so before the DRP election date of 24 March 2021 by : making an election online via the share registry , Link Market Services , at www.linkmarketservices.com.au ; or completing the personalised election form which will be mailed to shareholders shortly and returning it to the share registry . WCM Global Growth Limited ABN 69 617 281 268 Level 6 , 10 Spring Street Sydney NSW 2000 T 1300 001 750 W contango.com.au E invest@contango.com.au