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An announcement from Generation Development Group Limited ( (AU:GDG) ) is now available.
Generation Development Group Limited (GDG), a company listed on the ASX, has announced a fully underwritten pro-rata accelerated non-renounceable entitlement offer to raise approximately $173.5 million. This offer, combined with an institutional placement raising $114.4 million, will fund the acquisition of Evidentia Group Holdings Pty Ltd and support future growth initiatives. Eligible retail shareholders are invited to participate, with the offer closing on 27 February 2025.
More about Generation Development Group Limited
YTD Price Performance: 41.46%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.03B
Find detailed analytics on GDG stock on TipRanks’ Stock Analysis page.
