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Propell Holdings Ltd. ( (AU:PHL) ) has provided an announcement.
Propell Holdings Limited announced that its securities will no longer be quoted on the ASX after today, with the delisting date set for 9 May 2025. This decision follows shareholder approval and allows the company to finalize its Small Share Sale Facility. Post-delisting, Propell will communicate with shareholders through its share registry provider, Xcend, and encourages stakeholders to update their contact details. This move aligns with Propell’s focus on expanding its digital finance platform, which aims to disrupt traditional financial service models by offering innovative solutions to underserved SMEs.
More about Propell Holdings Ltd.
Propell Holdings Limited is Australia’s first all-in-one finance platform for SMEs, offering faster, easier, and simpler digital lending solutions. The company aims to revolutionize small business finance management by providing deep insights into financial health and direct access to finance tools like payments and lending. Propell’s digital platform, launched in mid-2020, leverages AI to enhance cashflow and financial wellbeing for small businesses, addressing the needs of Australia’s 2.3 million SMEs dissatisfied with traditional banking solutions.
YTD Price Performance: -52.38%
Average Trading Volume: 430,772
Technical Sentiment Signal: Buy
Current Market Cap: A$2.51M
See more data about PHL stock on TipRanks’ Stock Analysis page.