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An announcement from Generation Development Group Limited ( (AU:GDG) ) is now available.
Generation Development Group Limited has announced a 1 for 7.16 pro-rata accelerated non-renounceable entitlement offer of new ordinary shares at a price of $4.15 per share. This offer, which includes a Top-Up Facility for additional shares, is set to close on February 27, 2025. The initiative is part of GDG’s strategy to strengthen its capital position and drive further growth, although it is restricted to investors in Australia and New Zealand due to regulatory limitations.
More about Generation Development Group Limited
Generation Development Group Limited operates in the financial services industry, focusing on providing investment and development opportunities. The company is known for offering financial products and services that cater to investors looking for growth and development in their portfolios.
YTD Price Performance: 41.46%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.03B
For detailed information about GDG stock, go to TipRanks’ Stock Analysis page.
