AVADA Group’s Shares Exit Escrow

Avada Group Limited (AU:AVD) has released an update.

AVADA Group Limited, a premier Australian traffic management company, has announced the release of ordinary shares from voluntary escrow, which will become unrestricted by 11 September 2024. This release signifies that no shares will remain escrowed thereafter. The company acknowledged a minor administrative oversight in notifying the ASX but confirmed it has not impacted their overall timely notification arrangement.

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