Acrow Limited Announces Release of Shares from Voluntary Escrow

Acrow Formwork and Construction Services Limited ( (AU:ACF) ) just unveiled an announcement.

Acrow Limited announced the release of 1,773,994 fully paid ordinary shares from voluntary escrow, initially issued as part of the Benchmark Scaffolding acquisition, effective 1 March 2025. This action does not alter the company’s issued capital and reflects its strategic positioning and ongoing commitment to enhancing operational efficiency and expanding its market presence.

More about Acrow Formwork and Construction Services Limited

Acrow Limited is a leading provider of integrated construction systems in Australia, specializing in formwork, industrial access, and commercial scaffolding. The company offers a wide range of services including falsework, shoring, screen solutions, jacking systems, and internal engineering capabilities. With over 80 years of experience, Acrow has expanded to operate in 15 locations, aiming to set national standards in engineered construction services while focusing on the civil infrastructure market.

YTD Price Performance: 8.59%

Average Trading Volume: 1,439

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €214.7M

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