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AMA Group Limited Announces Massive Share Issue
Company Announcements

AMA Group Limited Announces Massive Share Issue

Ama Group Limited (AU:AMA) has released an update.

AMA Group Limited has announced a new securities issue, consisting of an accelerated offer and a separate placement, totaling approximately 2.98 billion shares. The offer will resume trading on an ex-entitlement basis on July 22, 2024, with the issue date for retail security holders set for August 16, 2024. The placement’s proposed issue date is scheduled for July 29, 2024.

For further insights into AU:AMA stock, check out TipRanks’ Stock Analysis page.

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