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Adslot Issues Shares to Directors Under Approved Fees Plan

Story Highlights
  • Adslot has issued over 57 million new shares to directors under its approved Director Fees Plan.
  • The company affirms regulatory compliance and absence of undisclosed information with this share issue.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Adslot Issues Shares to Directors Under Approved Fees Plan

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Adslot Ltd ( (AU:ADS) ) has issued an update.

Adslot Ltd has issued 57,287,670 fully paid ordinary shares at an estimated price of $0.001 per share to its directors under a Director Fees Plan that was previously approved at the company’s 2024 Annual General Meeting. The company has confirmed that these shares were issued without a prospectus in reliance on applicable Corporations Act provisions, and that it remains compliant with its financial reporting and continuous disclosure obligations, with no excluded information required to be disclosed, thereby supporting regulatory transparency and maintaining confidence among investors and other stakeholders.

More about Adslot Ltd

Adslot Ltd (ASX: ADS) is an Australian-listed company based in Sydney that operates within the technology and digital media ecosystem, with its shares traded on the Australian Securities Exchange.

Current Market Cap: A$5.8M

See more data about ADS stock on TipRanks’ Stock Analysis page.

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