The Board of Wilson Group Limited has resolved to declare a fully franked special dividend of 5 cents per share. Shareholders recorded on the register on August 24, 2016 will be eligible to receive the special dividend which will be paid on September 9, 2016. Ex date is August 23, 2016.

The company announced that Mr. Ian Macoun has been appointed as Managing Director of the company, following Mr. Alexander's Grant resignation as a director of the board. Mr. Macoun has been employed within the Group as Managing Director of Pinnacle Investment Management Limited (Pinnacle) since 2006. Whilst Mr. Macoun's employment as Managing Director of the company will take effect from August 17, 2016, Mr. Macoun's appointment as a director to the board of the company will not occur until the transaction to acquire the remaining 24.99% equity in Pinnacle completes.