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Jaxsta Limited ( (AU:VNL) ) has issued an update.
Vinyl Group Ltd has issued 2,500,000 fully paid ordinary shares as part of the exercise of director options. This move, conducted without disclosure under Part 6D.2 of the Corporations Act, signifies the company’s compliance with relevant legal provisions and reflects its ongoing strategic initiatives to strengthen its position in the music industry.
More about Jaxsta Limited
Vinyl Group Ltd is an ASX-listed company in the music industry, offering tech and media solutions that connect music creators, fans, and brands. Its diverse portfolio includes Vinyl.com, an e-commerce platform, Vampr, a social-professional network, Jaxsta, a music credits database, and Serenade, a Web3 collectibles platform. The company also operates a publishing arm, Vinyl Media, which manages various media properties in Australia.
Average Trading Volume: 1,008,518
Technical Sentiment Signal: Buy
Current Market Cap: A$163.7M
Find detailed analytics on VNL stock on TipRanks’ Stock Analysis page.