ASX RELEASE
19 May 2022
Release from Voluntary Escrow
DGL Group Limited (ASX:DGL) (NZX:DGC), advises that pursuant to ASX Listing Rule 3.10A, 4,900,000 quoted fully paid ordinary shares are due to be released from voluntary escrow on 27 May 2022.
The shares, issued to vendors as part consideration for the acquisition of Chem Pack Pty Ltd, which were subject to a voluntary escrow period of 12 months.
- ENDS -
Approved for release by the Board of DGL.
CONTACT
Barbara Furci
DGL Group Limited
+64 9 309 9254 or [email protected]
MEDIA ENQUIRIES
Aileen Bodart
Cannings Strategic Communications
+61 043 160 136 or [email protected]
The S&P/NZX 50 Index closed at 12,765.24, up 28.18 points or 0.22%.
Despite a $7m net loss, subscription revenue grew 28%.
Company expects market conditions to remain challenging in the second half.
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