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An announcement from Metal Bank Limited ( (AU:MBK) ) is now available.
Metal Bank Limited has launched an unmarketable parcel share sale facility for shareholders holding less than A$500 worth of fully paid ordinary shares as at 22 December 2025, enabling them to sell these small parcels without using a broker or incurring brokerage or handling fees, with the company covering the transaction costs other than any tax liabilities. The initiative, which affects 8,428 shareholders holding a combined 28,099,168 shares, is intended both to assist small investors and to streamline Metal Bank’s share register by reducing the administrative cost of maintaining a large number of very small holdings, with shareholders needing to return a retention form by 10 February 2026 if they wish to keep their shares.
More about Metal Bank Limited
Metal Bank Limited is an ASX-listed company (ASX: MBK) operating in the resources sector, with its primary business centered on exploration and development activities in the metals and mining industry. The company’s shareholder base includes a large number of small retail investors, many of whom hold parcels of shares below typical marketable values on the Australian Securities Exchange.
Average Trading Volume: 1,531,562
Technical Sentiment Signal: Buy
Current Market Cap: A$15.98M
For detailed information about MBK stock, go to TipRanks’ Stock Analysis page.