Retail Food Group Reports Lapse of 47,503 Performance Rights

Retail Food Group ( (AU:RFG) ) has shared an announcement.

Retail Food Group Limited has notified the market that 47,503 performance rights, trading under the ASX code RFGAL, have lapsed after the conditions attached to those rights were not met or became incapable of being satisfied. The cessation of these securities marginally reduces the company’s potential future issued capital and may slightly alter incentive structures for affected recipients, but does not indicate any change to its underlying operations.

The most recent analyst rating on (AU:RFG) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Retail Food Group stock, see the AU:RFG Stock Forecast page.

More about Retail Food Group

Retail Food Group Limited is an Australian-listed company in the food and beverage sector, operating retail food brands and franchise systems focused on consumer food service. The group’s activities typically centre on branded outlets and related operations across cafés, bakeries and quick-service food formats in domestic and potentially international markets.

Average Trading Volume: 69,767

Technical Sentiment Signal: Sell

Current Market Cap: A$65.95M

For an in-depth examination of RFG stock, go to TipRanks’ Overview page.