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Aspen Group Limited Announces Issuance of Stapled Securities

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Aspen Group Limited Announces Issuance of Stapled Securities

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An announcement from Aspen Group Limited ( (AU:APZ) ) is now available.

Aspen Group Limited has issued 1,244,149 fully paid ordinary stapled securities to employees and Joint Chief Executive Officers following the conversion of performance rights, initially issued in December 2022. Additionally, 36,662 stapled securities were issued to the Head of Asset Management as part of a short-term incentive for FY2024. These securities were issued without a prospectus under specific provisions of the Corporations Act, and Aspen Group has confirmed compliance with its reporting obligations, indicating no excluded information is required to be disclosed.

The most recent analyst rating on (AU:APZ) stock is a Hold with a A$4.43 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

More about Aspen Group Limited

Aspen Group Limited operates in the real estate industry, focusing on property investment and management. The company offers a range of property-related services and is involved in the management of the Aspen Property Trust.

YTD Price Performance: 78.67%

Average Trading Volume: 549,797

Technical Sentiment Signal: Buy

Current Market Cap: A$982.5M

For an in-depth examination of APZ stock, go to TipRanks’ Overview page.

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