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The latest update is out from Jaxsta Limited ( (AU:VNL) ).
Vinyl Group Ltd has applied to the ASX for quotation of 1,792,115 new fully paid ordinary shares, issued on 13 April 2026. These shares have been issued as consideration for corporate advisory services connected to the company’s acquisition of Val Morgan Digital.
The move signals Vinyl Group’s continued use of equity-based compensation to facilitate strategic transactions, underscoring its commitment to expanding its digital footprint through the Val Morgan Digital acquisition. The additional quoted shares may slightly dilute existing holdings but are intended to align advisory partners with the company’s long-term growth objectives.
More about Jaxsta Limited
Vinyl Group Ltd is an Australian-listed company that trades on the ASX under the code VNL. While the announcement does not detail its operating segments or products, the group is active in corporate transactions and advisory-linked share issuances, indicating a focus on growth through partnerships and acquisitions in the digital and media-related space.
Average Trading Volume: 350,385
Technical Sentiment Signal: Hold
Current Market Cap: A$118.1M
See more data about VNL stock on TipRanks’ Stock Analysis page.