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Kingsgate Seeks ASX Quotation for 2.5 Million New Shares

Story Highlights
  • Kingsgate has applied to list 2.5 million new fully paid ordinary shares on the ASX.
  • The new shares arise from exercised options or convertibles, modestly expanding Kingsgate’s quoted capital base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kingsgate Seeks ASX Quotation for 2.5 Million New Shares

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An announcement from Kingsgate Consolidated Limited ( (AU:KCN) ) is now available.

Kingsgate Consolidated Limited has applied to the ASX for quotation of 2.5 million new fully paid ordinary shares under its KCN ticker. The additional securities result from the exercise or conversion of existing options or other convertible securities and will be issued on 8 January 2026, modestly increasing the company’s quoted share capital and potentially broadening its investor base.

The most recent analyst rating on (AU:KCN) stock is a Hold with a A$6.00 price target. To see the full list of analyst forecasts on Kingsgate Consolidated Limited stock, see the AU:KCN Stock Forecast page.

More about Kingsgate Consolidated Limited

Average Trading Volume: 1,746,792

Technical Sentiment Signal: Buy

Current Market Cap: A$1.52B

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

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