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Activeport Group Revises Bonus Issue Timetable

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Activeport Group Revises Bonus Issue Timetable

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Activeport Group Limited ( (AU:ATV) ) has issued an update.

Activeport Group Ltd has announced a revised timetable for its proposed pro-rata bonus issue of new unquoted options, with an exercise price of 4 cents, expiring on 31 January 2028. Shareholders in Australia, New Zealand, Germany, the United Kingdom, and Singapore are eligible to participate. The bonus issue will be conducted via a prospectus lodged with the ASIC and available on the ASX platform. The company reserves the right to amend the dates or not proceed with the bonus issue, highlighting its strategic flexibility in managing shareholder incentives.

The most recent analyst rating on (AU:ATV) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Activeport Group Limited stock, see the AU:ATV Stock Forecast page.

More about Activeport Group Limited

Activeport Group Limited develops software for telecommunications providers and data centre operators. Their orchestration software enhances traditional network infrastructure by enabling cloud capabilities, improving customer experience through self-service portals, automating service provisioning, accelerating service deployment, and supporting flexible pay-per-use consumption. Activeport’s solutions cover last mile, core network, data centre infrastructure, and GPUs for cloud gaming and AI.

Average Trading Volume: 14,677,933

Technical Sentiment Signal: Hold

Current Market Cap: A$28.43M

Find detailed analytics on ATV stock on TipRanks’ Stock Analysis page.

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