Pacific Current Group Ltd (AU:PAC) has released an update.
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Pacific Current Group Ltd has issued over 600,000 new shares to employees as part of its employee share ownership plan without investor disclosure, while complying with relevant corporate regulations. The company is also engaged in preliminary talks regarding the potential sale of some boutique investments, which could increase its NAV by up to 15%. Investors should note regular updates will follow, in line with disclosure obligations.
For further insights into AU:PAC stock, check out TipRanks’ Stock Analysis page.