Finder Energy Issues 37.2 Million Amplus Shares Under Cleansing Notice

Finder Energy Holdings Limited ( (AU:FDR) ) has provided an announcement.

Finder Energy Holdings Limited has issued 37,233,008 fully paid ordinary shares, termed Amplus Shares, at a nil exercise price to Amplus Energy (Holdings) Limited or its nominees, in line with earlier disclosures to the ASX. The company has lodged a cleansing notice stating that the shares were issued without a prospectus under the Corporations Act exemption, confirming its compliance with financial reporting and continuous disclosure obligations and noting there is no excluded information, which facilitates trading of the new shares and signals regulatory compliance to investors.

The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.39 price target. To see the full list of analyst forecasts on Finder Energy Holdings Limited stock, see the AU:FDR Stock Forecast page.

More about Finder Energy Holdings Limited

Finder Energy Holdings Limited is an Australian-listed company on the ASX (code: FDR), operating in the energy sector. The company is focused on oil and gas exploration and related energy activities, with its head office located in South Perth, Western Australia, and it targets opportunities in upstream energy markets.

Average Trading Volume: 970,422

Technical Sentiment Signal: Buy

Current Market Cap: A$187.6M

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