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GDG Issues Over 27 Million Shares to Institutional Investors

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GDG Issues Over 27 Million Shares to Institutional Investors

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The latest update is out from Generation Development Group Limited ( (AU:GDG) ).

Generation Development Group Limited (GDG) has issued 27,566,606 fully paid ordinary shares to professional and institutional investors across Australia, New Zealand, and select foreign jurisdictions. The issuance was conducted without disclosure to investors under Part 6D.2 of the Corporations Act, in accordance with the company’s previous announcement. GDG confirms compliance with relevant provisions of the Corporations Act and states there is no excluded information as of the notice date.

More about Generation Development Group Limited

YTD Price Performance: 36.59%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €1.03B

For an in-depth examination of GDG stock, go to TipRanks’ Stock Analysis page.

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