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De.mem Ltd. ( (AU:DEM) ) has shared an update.
De.mem Limited has issued 250,000 fully paid ordinary shares following the vesting and exercise of an equivalent number of performance rights granted under its Employee Incentive Plan, with no exercise price payable. The company has confirmed that these shares were issued without a prospectus under the relevant Corporations Act provisions and that it remains compliant with its continuous disclosure and financial reporting obligations, with no excluded information requiring disclosure, effectively cleansing the new securities for on-market trading and signalling routine capital management aligned with staff incentives.
The most recent analyst rating on (AU:DEM) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on De.mem Ltd. stock, see the AU:DEM Stock Forecast page.
More about De.mem Ltd.
De.mem Limited is a decentralised water and wastewater treatment company that designs, builds, owns and operates turnkey treatment systems for major industrial clients in sectors including mining, electronics, chemicals, oil and gas, and food and beverage. The company also supplies clean drinking water solutions to municipalities, residential developments and hospitality facilities across the Asia-Pacific region, leveraging advanced proprietary membrane technologies developed with Nanyang Technological University in Singapore. Headquartered in Australia, De.mem has international operations in Singapore, Germany and Vietnam and offers innovative low-pressure nanofiltration and forward osmosis membranes aimed at reducing energy use and operating costs.
Average Trading Volume: 213,113
Technical Sentiment Signal: Hold
Current Market Cap: A$37.25M
For detailed information about DEM stock, go to TipRanks’ Stock Analysis page.