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An announcement from Tivan Limited ( (AU:TVN) ) is now available.
Tivan Limited has applied to the Australian Securities Exchange for quotation of 798,848 additional ordinary fully paid shares under its ASX code TVN, with an issue date of March 10, 2026. The new shares, which arise from the exercise or conversion of existing options or other convertible securities, will modestly increase the company’s free float and may marginally dilute existing shareholders while providing additional equity capital flexibility.
The application, lodged as an Appendix 2A new announcement, confirms that Tivan agrees to the ASX Listing Rules requirements for quotation of these securities. While the release does not specify the exact purpose of the underlying option or convertible security program, the move reflects routine capital management activity that slightly expands the company’s quoted share base on the ASX.
The most recent analyst rating on (AU:TVN) stock is a Hold with a A$0.38 price target. To see the full list of analyst forecasts on Tivan Limited stock, see the AU:TVN Stock Forecast page.
More about Tivan Limited
Tivan Limited is an Australian-listed company trading on the ASX under the code TVN. The release identifies it only as an issuer of ordinary fully paid shares, with no further detail on its industry, products, or market focus provided in the announcement.
Average Trading Volume: 4,034,902
Technical Sentiment Signal: Buy
Current Market Cap: A$725.2M
For a thorough assessment of TVN stock, go to TipRanks’ Stock Analysis page.