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Delorean launches compliant share purchase plan for eligible investors

Story Highlights
  • Delorean is launching a share purchase plan offering eligible shareholders up to $30,000 in new shares.
  • The company affirms full regulatory compliance and no excluded information, supporting confidence in the SPP.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Delorean launches compliant share purchase plan for eligible investors

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Delorean Corporation Ltd ( (AU:DEL) ) has shared an announcement.

Delorean Corporation Ltd has announced a share purchase plan offering eligible shareholders the opportunity to acquire up to $30,000 of new ordinary shares. The offer will be made without a full prospectus under ASIC Corporations Instrument 2019/547 and is scheduled to open at 9:00 a.m. AWST on 4 May 2026.

The company confirms it is compliant with its financial reporting and continuous disclosure obligations under the Corporations Act and states there is no excluded information that would need to be disclosed to investors. This cleansing notice is intended to reassure the market and existing shareholders that the SPP is being conducted within the relevant regulatory framework and that investors are being offered shares on an informed basis.

More about Delorean Corporation Ltd

Delorean Corporation Ltd is an ASX-listed company operating under the ticker DEL. The company issues ordinary shares to its shareholders and engages in capital market activities to support its corporate and operational objectives within the listed company framework.

Average Trading Volume: 165,982

Technical Sentiment Signal: Sell

Current Market Cap: A$21.53M

See more data about DEL stock on TipRanks’ Stock Analysis page.

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