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An announcement from Develop Global Limited ( (AU:DVP) ) is now available.
Develop Global Limited has notified the market of the issue of 28,508 new fully paid ordinary shares following the exercise or conversion of previously unquoted equity securities. The additional shares, issued on 12 January 2026, marginally expand the company’s share base and reflect the realisation of value from unquoted options or other convertible instruments, slightly increasing equity on issue and incrementally diluting existing holders while signalling ongoing use of equity-based incentives or financing within the company’s capital management strategy.
The most recent analyst rating on (AU:DVP) stock is a Hold with a A$5.05 price target. To see the full list of analyst forecasts on Develop Global Limited stock, see the AU:DVP Stock Forecast page.
More about Develop Global Limited
Average Trading Volume: 1,467,335
Technical Sentiment Signal: Buy
Current Market Cap: A$1.62B
See more insights into DVP stock on TipRanks’ Stock Analysis page.