OMG Group launches $1.5m placement with cornerstone backing from beverage manufacturer Slades
Health and wellness food company OMG Group has received firm commitments to raise $1.5m through a Placement at $0.007 per share, involving the issue of approximately 215,714,285 new fully paid ordinary shares.
The standout feature of the OMG Group capital raise is a $350,000 cornerstone investment from Slades Beverages, marking Slades’ maiden equity investment into a brand it manufactures.
Together with a proposed Share Purchase Plan (SPP) and Director participation, the transaction is expected to deliver approximately $1.75m in new capital. This is a strategic capital event as much as a funding round, with a manufacturer taking equity in a brand it is set to produce.
When big ASX news breaks, our subscribers know first
Inside the capital raise: placement, SPP and Director participation
The new capital comprises three distinct components, each with its own terms and conditions. Keeping them separate is important for understanding the structure of the raise.
-
Placement: $1.5m at $0.007 per share, approximately 215,714,285 New Shares. The Offer Price represents a 5.41% discount to the 5-day volume weighted average price and a 12.5% discount to the Company’s last trading price of $0.008 per share.
-
Share Purchase Plan (SPP): targeting a further $250,000 at the same $0.007 issue price, offered to eligible existing shareholders.
-
Director participation: approximately $170,000, subject to shareholder approval, further aligning the Board with shareholders.
The New Shares will rank equally in all respects with the Company’s existing fully paid ordinary shares. The Placement was Company led and is intended to be completed under ASX Listing Rules 7.1 and 7.1A.
| Component | Amount | Issue Price | Key Condition |
|---|---|---|---|
| Placement | $1.5m | $0.007 | Firm commitments received; Company led under ASX LR 7.1 & 7.1A |
| Share Purchase Plan (SPP) | $250,000 (target) | $0.007 | Offered to eligible existing shareholders |
| Director participation | ~$170,000 | $0.007 | Subject to shareholder approval |
Following completion of the SPP, and subject to shareholder approval, the Company intends to undertake a 10:1 share consolidation, with additional details to be made available at a later date.
Why the Slades Beverages partnership matters
At the heart of the OMG Group Slades Beverages investment is a dual arrangement: an equity commitment paired with a manufacturing partnership. According to the Company, the $350,000 cornerstone commitment represents Slades’ maiden equity investment into a brand it manufactures.
Slades is a fully Australian and family-owned beverage manufacturer with a history dating back to the 1850s. Based in Thomastown, Victoria, it operates from a 12,000m² production and warehouse facility and holds extensive beverage manufacturing and contract packaging capabilities.
Under the strategic relationship, Slades is set to become OMG Group’s oat milk manufacturing partner, supporting the continued growth of the Oat Milk Goodness portfolio. The combination of equity investment and manufacturing partnership creates a strong alignment of interests between the two businesses.
The Company expects the partnership to deliver greater integration across manufacturing and supply chain, along with further margin efficiencies as production volumes increase. These benefits are anticipated through increased manufacturing scale, production planning, supply-chain optimisation and closer coordination. Both parties also intend to pursue new product development initiatives.
CEO Commentary
“Slades’ $350,000 investment is particularly significant. As our future oat milk manufacturing partner, Slades has direct insight into our products and the opportunity ahead, and its decision to make its first equity investment into a brand it manufactures is a strong endorsement of OMG and the growth of our Oat Milk Goodness portfolio,” said Alex Aleksic, Chief Executive Officer.
What is a cornerstone investment?
A cornerstone investor commits a substantial, anchoring stake in a capital raise, often signalling confidence to other participants. This differs from a passive placement participant, who simply subscribes for shares without a broader strategic role.
When a manufacturer takes equity in a brand it produces, the arrangement aligns incentives between the two parties. The manufacturer benefits directly from the brand’s growth, while the brand gains a partner with a vested interest in scaling production efficiently. For OMG Group, the commitment provides strategic validation from a party with direct visibility over its products, production requirements and growth trajectory.
Operating momentum behind the raise
The raise follows a period of strong operating momentum, positioning the new capital as funding for growth rather than survival.
-
FY26 revenue increased 48% to $6.13m.
-
July sales of approximately $738,000 were up ~120% on the prior corresponding period.
-
Three new PrOATein SKUs are scheduled to launch nationally through Woolworths in Q4 CY26.
These figures point to accelerating sales momentum as OMG Group expands its product range and retail footprint.
Where the new capital is going
Proceeds from the Placement, together with funds raised through the proposed SPP and Director participation, will strengthen the balance sheet and provide additional working capital. The Company has outlined the following priorities:
-
Deposit for 50,000kg of matcha at a fixed cost, securing supply against growing demand.
-
Inventory and launch requirements for Omura Matcha and Matcha Mode.
Omura Matcha and Matcha Mode were launched as a dual-brand platform targeting a global matcha market projected to exceed US$7 billion by the early 2030s, with the two brands positioned across premium and mass-market segments respectively.
- Inventory and rollout costs for three new PrOATein SKUs launching through Woolworths in Q4 CY26.
The Woolworths PrOATein ranging expansion, which added three new flavours across 943 stores earlier in 2026, provides the retail foundation that the new capital is now being deployed to support through inventory and launch funding.
- General working capital, corporate and offer costs.
The strengthened balance sheet is expected to provide greater flexibility to capitalise on new retail and distribution opportunities as OMG Group scales.
Investment thesis and the road to cashflow breakeven
The raise brings together three elements: a strategic manufacturing partner, a funded growth pipeline, and a strong revenue trajectory. The deeper relationship with Slades is expected to support further manufacturing and supply-chain efficiencies as volumes scale, while the additional capital funds the Company’s expanding product portfolio and distribution footprint.
Management has pointed to expanded Woolworths ranging, the launch of Omura Matcha and Matcha Mode, and strong sales momentum carrying into FY27 as key drivers for the period ahead.
CEO Outlook
“With our expanded Woolworths ranging, the launch of Omura Matcha and Matcha Mode and strong sales momentum carrying into FY27, the additional capital leaves OMG well positioned to continue scaling the business and to achieve cashflow breakeven,” said Aleksic.
Don’t Miss the Next Consumer Sector Breakout
Big News Blast delivers FREE breaking ASX news straight to your inbox within minutes of release, complete with in-depth analysis already done for you. Join 20,000+ investors who stay ahead of the market the moment announcements drop. Click the “Free Alerts” button at StockWire X to start receiving alerts today.