MyEco Group Announces Expiry of Unlisted Options

SECOS Group Ltd ( (AU:MCO) ) has issued an announcement.

MyEco Group Ltd announced that 60,708,165 unlisted options with an exercise price of $0.10 each are set to expire on April 11, 2025. The company will not send personalized exercise notices to holders as the options are ‘out of the money,’ and any unexercised options will lapse automatically. This decision reflects the company’s current financial strategy and may impact stakeholders holding these options.

More about SECOS Group Ltd

MyEco Group Ltd (ASX: MCO) is a developer and manufacturer of sustainable packaging and materials, offering proprietary biodegradable and compostable resins and films to a global customer base. The company is vertically integrated from resin production to finished products and holds a strong patent portfolio, with operations based in Melbourne, Australia, and a manufacturing plant in China. It has sales offices in Australia, Malaysia, China, Mexico, and the USA, and a network of distributors across the Americas, Europe, and Asia.

YTD Price Performance: -26.09%

Average Trading Volume: 178,029

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$10.14M

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