Praemium Issues 9 Million New Shares Under Corporations Act Exemption

Praemium Ltd ( (AU:PPS) ) has shared an update.

Praemium Limited has issued 9,047,045 new ordinary shares (ASX: PPS) on 22 January 2026, advising the market that the issuance was conducted without a prospectus under the Corporations Act’s exemption provisions. The company confirmed it remains compliant with its financial reporting and continuous disclosure obligations and stated there is no excluded information requiring disclosure, signalling to investors that the capital raising has been carried out within regulatory requirements and without undisclosed material information that could affect the value of the newly issued shares.

The most recent analyst rating on (AU:PPS) stock is a Buy with a A$1.15 price target. To see the full list of analyst forecasts on Praemium Ltd stock, see the AU:PPS Stock Forecast page.

More about Praemium Ltd

Praemium Limited is an Australian-listed financial services and technology company that operates an investment platform, providing portfolio administration, managed accounts and related services primarily to financial advisers, wealth managers and their clients in Australia and selected international markets.

Average Trading Volume: 787,763

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$375.6M

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