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Swoop Holdings Updates Share Issuance in Vonex Takeover

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Swoop Holdings Updates Share Issuance in Vonex Takeover

The latest update is out from Swoop Holdings Limited ( (AU:SWP) ).

Swoop Holdings Limited has updated its previous announcement regarding the issuance of consideration shares related to its off-market takeover offer for Vonex Limited. This update reflects the number of shares issued to a Nominee for Ineligible Foreign Shareholders and Unmarketable Parcel Shareholders who accepted the offer, indicating Swoop’s strategic move to consolidate its holdings in Vonex Limited.

More about Swoop Holdings Limited

Swoop Holdings Limited operates in the telecommunications industry, focusing on providing internet and data services. The company is involved in expanding its market presence through strategic acquisitions and offers a range of telecommunications solutions.

YTD Price Performance: -31.11%

Technical Sentiment Signal: Strong Buy

Current Market Cap: €14.89M

Learn more about SWP stock on TipRanks’ Stock Analysis page.

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