Generation Development Issues Nearly 60,000 Shares to Eligible Staff

MT Newswires Live

2024/10/28

Generation Development Group (ASX:GDG) issued AU$1,000 worth of new fully paid ordinary shares to eligible employees for zero monetary consideration, according to a Monday filing with the Australian bourse.

The issue price is equivalent to the five-day volume-weighted average price of GDG

shares for the Oct. 15 to 21 period, the filing stated.

The company has issued 59,904 new shares in total to 192 eligible employees.

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