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Noviqtech Seeks ASX Quotation for New Shares and Options

Story Highlights
  • Noviqtech Limited is seeking ASX quotation for 25 million new ordinary shares and 12.5 million options issued on April 29, 2026.
  • The additional quoted securities will expand Noviqtech’s tradable capital base, potentially boosting liquidity while implying dilution and supporting future growth plans.
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Noviqtech Seeks ASX Quotation for New Shares and Options

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Tymlez Group Ltd. ( (AU:NVQ) ) has provided an update.

Noviqtech Limited has applied for quotation on the ASX of 25 million new ordinary fully paid shares and 12.5 million options expiring in March 2028, all to be issued on 29 April 2026. The listing of these additional securities, previously flagged in an Appendix 3B filing, will expand the company’s tradable capital base and may enhance liquidity for investors while supporting Noviqtech’s funding and growth objectives.

The move signals continued use of equity markets by Noviqtech to underpin its strategic and operational plans, although the announcement does not disclose specific projects or uses of proceeds linked to the new securities. For existing shareholders, the increased number of quoted shares and options could have dilution implications but may also strengthen the company’s market presence and access to capital over time.

More about Tymlez Group Ltd.

Noviqtech Limited, listed on the ASX under the code NVQ, operates as a publicly traded company but the specific industry, products and market focus are not detailed in the announcement. The firm is engaged in capital markets activities involving the issuance and quotation of securities on the Australian Securities Exchange.

YTD Price Performance: 42.86%

Average Trading Volume: 2,608,540

Technical Sentiment Signal: Sell

Current Market Cap: A$11.01M

For a thorough assessment of NVQ stock, go to TipRanks’ Stock Analysis page.

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