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Generation Development Group Issues New Shares Under Lonsec Agreement

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Generation Development Group Issues New Shares Under Lonsec Agreement

TipRanks Cyber Monday Sale

Generation Development Group Limited ( (AU:GDG) ) has provided an announcement.

Generation Development Group Limited (GDG) has issued 61,182 fully paid ordinary shares to certain vendors as part of a Share and Option Sale Agreement related to securities in Lonsec Holdings Pty Ltd. This issuance was conducted without disclosure under Part 6D.2 of the Corporations Act, and GDG confirms compliance with relevant provisions of the Act, ensuring no excluded information is present.

The most recent analyst rating on (AU:GDG) stock is a Buy with a A$7.50 price target. To see the full list of analyst forecasts on Generation Development Group Limited stock, see the AU:GDG Stock Forecast page.

More about Generation Development Group Limited

Average Trading Volume: 1,967,848

Technical Sentiment Signal: Buy

Current Market Cap: A$2.53B

Learn more about GDG stock on TipRanks’ Stock Analysis page.

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