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Vinyl Group Ltd Issues New Shares to Bolster Music Industry Presence

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Vinyl Group Ltd Issues New Shares to Bolster Music Industry Presence

Confident Investing Starts Here:

Jaxsta Limited ( (AU:VNL) ) just unveiled an announcement.

Vinyl Group Ltd has issued 6,704,545 fully paid ordinary shares as a result of director options being exercised. This move, which was conducted without disclosure under Part 6D.2 of the Corporations Act, signifies the company’s compliance with relevant provisions and its ongoing strategic initiatives to strengthen its position in the music industry.

More about Jaxsta Limited

Vinyl Group Ltd is an Australian company listed on the ASX, specializing in tech and media solutions within the music industry. It connects music creators, fans, and brands through a diverse portfolio that includes Vinyl.com, Vampr, Jaxsta, and Serenade. The company also operates a publishing arm, Vinyl Media, which manages Mediaweek, Tone Deaf, and licenses notable mastheads like Rolling Stone in Australia.

Average Trading Volume: 1,008,518

Technical Sentiment Signal: Buy

Current Market Cap: A$163.7M

See more data about VNL stock on TipRanks’ Stock Analysis page.

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