LPE Addresses Late Lodgement in Share Buy-Back Process

Locality Planning Energy Holdings Limited ( (AU:LPE) ) has issued an announcement.

Locality Planning Energy Holdings Limited (LPE) announced the late lodgement of three Appendix 3C Daily Buy Back Notices due to a miscommunication with their broker during an on-market buy-back. The issue was identified after the buy-back transactions, and measures have been implemented to ensure timely preparation and submission of future documentation. This incident reflects LPE’s commitment to maintaining transparent and efficient operational processes, which is essential for its stakeholders and market positioning.

More about Locality Planning Energy Holdings Limited

Locality Planning Energy Holdings Limited (LPE) is a growing energy provider primarily serving the Queensland market, focusing on strata communities with its core Embedded Network business. The company offers renewable energy solutions, including electricity, hot water, solar, and battery systems, aimed at reducing carbon footprints and energy bills for strata living. LPE’s business model is centered around long-term supply agreements that generate strong recurring revenue, enhancing shareholder value.

YTD Price Performance: -3.33%

Average Trading Volume: 128,850

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$26.42M

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