tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Credit Clear Converts Employee Share Rights Into 2.2 Million Ordinary Shares

Story Highlights
  • Credit Clear converted 2.2 million employee share rights into fully paid ordinary shares.
  • The company affirmed regulatory compliance and no undisclosed price-sensitive information related to the issue.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Credit Clear Converts Employee Share Rights Into 2.2 Million Ordinary Shares

Claim 70% Off TipRanks Premium

An update from Credit Clear Limited ( (AU:CCR) ) is now available.

Credit Clear Limited has issued 2,216,793 fully paid ordinary shares for nil consideration following the conversion of share rights held by its employees, effectively transferring previously granted equity incentives into listed stock. The company confirmed that the issue was conducted without a prospectus under the Corporations Act’s disclosure exemptions, that it remains compliant with its financial reporting and continuous disclosure obligations, and that there is no undisclosed price-sensitive information related to this share issue, providing regulatory clarity and transparency for existing and new shareholders.

The most recent analyst rating on (AU:CCR) stock is a Hold with a A$0.27 price target. To see the full list of analyst forecasts on Credit Clear Limited stock, see the AU:CCR Stock Forecast page.

More about Credit Clear Limited

Credit Clear Limited (ASX: CCR) is an Australian-listed company operating in the financial technology and receivables management space, providing digital platforms and solutions to help businesses manage customer payments and collections more efficiently across a range of industries.

Average Trading Volume: 605,470

Technical Sentiment Signal: Buy

Current Market Cap: A$134M

For detailed information about CCR stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1