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Tymlez Group Ltd. ( (AU:NVQ) ) has issued an update.
Noviqtech Limited, listed on the ASX under code NVQ, has issued 3,965,006 fully paid ordinary shares to non-executive directors Raffaele Marcellino and Darren Scott in lieu of outstanding director fees, as previously outlined in a notice of general meeting released in December 2025. The share-based remuneration converts accrued salary obligations into equity, conserving the company’s cash resources while modestly diluting existing shareholders, and signals continued alignment of its board with shareholder interests through increased equity participation.
More about Tymlez Group Ltd.
Average Trading Volume: 843,917
Technical Sentiment Signal: Sell
Current Market Cap: A$7.58M
See more insights into NVQ stock on TipRanks’ Stock Analysis page.