AUSTRALIA | OMG Group has secured firm commitments to raise AUD 1.5m (before costs) through the issue of new fully paid ordinary shares (“New Shares”) to sophisticated, professional and institutional investors (“Placement”).
The Placement was Company-led and includes an AUD 350,000 cornerstone investment from leading beverage manufacturer Slades Beverages.
Slades is a fully Australian and family-owned beverage manufacturer with a history dating back to the 1850s. It operates from a 12,000m² production and warehouse facility and has extensive beverage manufacturing and contract packaging capabilities.
In addition to its own brands, Slades manufactures beverages for third-party customers, with products distributed across Australia and international markets. Under the strategic relationship, Slades is set to become OMG Group’s oat milk manufacturing partner, supporting the continued growth of the Company’s Oat Milk Goodness portfolio.
Alongside the manufacturing relationship, Slades has committed to invest AUD 350,000 directly into OMG Group through the Placement. This represents Slades’ first equity investment into a brand that it manufactures and creates a strong alignment of interests between the two businesses.
The partnership is expected to provide OMG Group with greater integration across its manufacturing and supply chain and deliver further margin efficiencies as production volumes increase.
These efficiencies are expected to be generated through increased manufacturing scale, production planning, supply-chain optimisation and closer coordination between OMG and its manufacturing partner.
Both parties will also pursue new product development initiatives, leveraging Slades’ industry expertise and other relationships.
In addition to the Placement, OMG Group intends to undertake a Share Purchase Plan (“SPP”) targeting a further AUD 250,000, providing eligible existing shareholders with the opportunity to subscribe for New Shares at the same AUD 0.007 Offer Price as participants in the Placement.
Proceeds from the Placement, together with funds raised through the proposed SPP and Director participation, will strengthen OMG Group’s balance sheet and provide additional working capital to support the Company’s expanding product portfolio and retail footprint.
The funds will primarily support the Company’s secured matcha supply arrangements, including the deposit for 50,000kg of matcha at a fixed cost, alongside inventory and launch requirements for Omura Matcha and Matcha Mode.
Funding will also support inventory and rollout costs for three new PrOATein SKUs scheduled to launch through Woolworths in Q4 CY26, as well as general working capital, corporate, and offer costs.
