Credit Clear (ASX:CCR) made a small shareholding sale facility for shareholders holding less than AU$500 worth of shares, the company said in a Friday Australian bourse filing.
As of Wednesday, the company had about 457 shareholders with a small shareholding, the filing said. The sale facility is available to shareholders who held between 1 and 1,694 shares on that day, based on the closing price of $0.295 per share.
Shareholders who wish to sell their small shareholding through this facility will receive the volume-weighted average price for their shares, per the filing.
The company expects the facility to help reduce the administrative costs associated with maintaining a large number of small shareholdings on its shareholder register, the filing added.
The company's shares were down almost 2% in recent Friday trade.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。