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Generation Group Announces Major Capital Raising
Company Announcements

Generation Group Announces Major Capital Raising

Generation Development Group Limited (AU:GDG) has released an update.

Generation Development Group Limited is launching a 1 for 3.98 pro-rata accelerated non-renounceable entitlement offer to raise A$93.4 million, with shares priced at A$1.95 each. The offer period is set to take place from June 7 to June 21, 2024. Shareholders are advised to read the Retail Offer Booklet carefully and consult with a professional adviser for any questions regarding participation.

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

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