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Avada Group Limited ( (AU:AVD) ) just unveiled an update.
AVADA Group Limited announced an administrative transfer of shares related to Verifact Pty Ltd, which is being wound down. This transfer involved 14,159,254 shares, with 9,439,503 shares going to Mr. Daniel Crowley and 4,719,751 shares to Mr. Jarrod Bowditch. The company stated that this transaction is purely administrative and will not impact its operations.
More about Avada Group Limited
AVADA Group is a leading, independent Australian traffic management operator and ancillary service provider with a strong presence in Queensland, New South Wales, Victoria, and New Zealand. The company serves government clients and major contractors in the civil infrastructure and maintenance sector.
Average Trading Volume: 18,587
Technical Sentiment Signal: Sell
Find detailed analytics on AVD stock on TipRanks’ Stock Analysis page.