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Swift Networks Issues New Shares Following Performance Rights Conversion

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Swift Networks Issues New Shares Following Performance Rights Conversion

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Swift Networks Group Limited ( (AU:SW1) ) just unveiled an announcement.

Swift Networks Group Limited has announced the issuance of 2,798,438 fully paid ordinary shares following the conversion of vested performance rights. This move, executed without the need for disclosure under the Corporations Act 2001, signifies Swift’s compliance with its reporting obligations and reflects its strategic efforts to enhance stakeholder value.

More about Swift Networks Group Limited

Swift Networks Group Limited is a specialist technology company that provides a premium entertainment and engagement platform powered by proprietary technology and network infrastructure. The company offers end-to-end solutions, including consulting, design, and installation services, specifically tailored for sectors such as Mining and Resources, Residential Aged Care, Retirement Living, and Government.

Average Trading Volume: 66,467

Technical Sentiment Signal: Sell

Current Market Cap: A$7.27M

For detailed information about SW1 stock, go to TipRanks’ Stock Analysis page.

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