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Merino & Co Limited ( (AU:MNC) ) has shared an announcement.
Merino & Co. Ltd has issued 150,000 fully paid ordinary shares and 4.3 million performance rights to related parties, following approval at its 2025 annual general meeting. The new securities bring the company’s total ordinary shares on issue to 73,926,570, alongside 300,000 unlisted options and four tranches of 1,075,000 performance rights each.
The company confirmed the issuance was conducted without a prospectus under relevant Corporations Act provisions and stated it remains compliant with financial reporting and continuous disclosure obligations. It also advised there is no undisclosed information material to assessing the company’s financial position or the rights attached to the new securities, providing assurance to existing and prospective investors about transparency and governance.
More about Merino & Co Limited
Merino & Co. Ltd is a listed company on the ASX. The announcement does not specify its industry, products, or services, and focuses solely on capital structure and compliance matters rather than operational activities.
Average Trading Volume: 6,982
Technical Sentiment Signal: Sell
Current Market Cap: A$7.38M
See more insights into MNC stock on TipRanks’ Stock Analysis page.