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An announcement from DGL Group Limited ( (AU:DGL) ) is now available.
DGL Group Limited has secured an extension of its syndicated debt facility to 31 March 2027, reinforcing the company’s funding position while it remains suspended from trading on the ASX. Its banking syndicate has also extended a waiver confirming that the ASX suspension does not trigger an event of default under the facility, subject to certain conditions, giving the company more time and certainty to address its compliance and reporting obligations. DGL expects its securities to be reinstated to ASX quotation following completion and audit of its half-year accounts to 31 December 2025, with the target timing by late February or March 2026, which, once achieved, would restore market access for shareholders and potentially improve liquidity and investor confidence.
The most recent analyst rating on (AU:DGL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on DGL Group Limited stock, see the AU:DGL Stock Forecast page.
More about DGL Group Limited
DGL Group Limited is a founder-led, end-to-end chemicals business that provides sourcing, manufacturing, storage, transport, recycling and disposal services for chemicals and hazardous waste. The company operates a comprehensive network delivering specialised chemical services to essential industries across Australia and New Zealand.
Average Trading Volume: 163,662
Technical Sentiment Signal: Buy
Current Market Cap: A$152.6M
See more data about DGL stock on TipRanks’ Stock Analysis page.