Develop Global Limited to Release Escrowed Shares
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 25 2024
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Source: Business Insider
Share Release Announcement: Develop Global Limited will release 1,376,358 ordinary fully paid shares from voluntary escrow on November 4, 2024, including shares held by Managing Director & CEO Bill Beament.
Market Impact Consideration: This release is expected to influence the stock's liquidity and market perception but does not affect the company’s issued capital.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
