tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

L1 Group Limited Issues Unquoted Securities for Employee Incentive

Story Highlights
L1 Group Limited Issues Unquoted Securities for Employee Incentive

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from Platinum Asset Management Ltd ( (AU:L1G) ).

L1 Group Limited has announced the issuance of 21,920,276 unquoted securities under the ASX code L1GAA, effective from October 15, 2025. This issuance is part of an employee incentive scheme and is not intended to be quoted on the ASX, potentially impacting the company’s equity structure and aligning employee interests with corporate goals.

The most recent analyst rating on (AU:L1G) stock is a Hold with a A$0.79 price target. To see the full list of analyst forecasts on Platinum Asset Management Ltd stock, see the AU:L1G Stock Forecast page.

More about Platinum Asset Management Ltd

Average Trading Volume: 2,646,406

Technical Sentiment Signal: Buy

Current Market Cap: A$2.22B

Learn more about L1G stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1