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Why Did AVJennings Just Issue 6.7 Million Shares Amid Acquisition?
9:49am on Monday 28th of July, 2025 AEST
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Real Estate
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Why Did AVJennings Just Issue 6.7 Million Shares Amid Acquisition?
9:49am on Monday 28th of July, 2025 AEST
Key Points
6,742,860 fully paid shares issued to satisfy vesting rights
Shares relate to acceleration of Performance and Retention Rights
Issuance tied to scheme of arrangement under acquisition deal
Acquisition involves PM Nominees C Pty Ltd and AVID consortium
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