Highlights
Findi Limited has confirmed the quotation of new fully paid ordinary shares on the ASX
The announcement pertains to securities issued under an institutional placement
Findi operates in the information technology sector with a focus on digital payment and financial service platforms
Findi Limited has announced the quotation of additional fully paid ordinary shares on the Australian Securities Exchange. These newly issued securities have been admitted for quotation under the existing class of shares, expanding the company's total number of quoted securities on the ASX. The quotation follows the issuance of shares related to a placement that the company had previously disclosed to the exchange.
Corporate Background and Sector
Findi Limited operates within the information technology sector. The company is engaged in delivering digital payment and transaction processing services across various regions. It has established capabilities in providing core banking platforms and financial service infrastructure, with an emphasis on improving digital access and enhancing operational efficiency for partner institutions.
Purpose of the Share Issuance
The shares now quoted were issued as part of a broader strategic initiative previously outlined by the company. This initiative involves capital raising through an institutional placement. The issuance forms part of an effort to strengthen the company’s financial structure and support ongoing projects in digital payment technology and infrastructure development.
ASX Notification Details
The announcement was made through a market notification by the Australian Securities Exchange, confirming the effective quotation of the new securities. The shares are fully paid and rank equally with the existing securities already listed. The notification includes details of the number of securities involved and the relevant security codes, with admission granted in accordance with ASX Listing Rules.
Compliance with Regulatory Standards
Findi Limited has stated that the issuance and quotation of these securities comply with the ASX Listing Rules and other applicable regulatory requirements. The company has completed all formalities as part of the listing process, which includes the submission of necessary documentation to the exchange. The ASX has acknowledged receipt of the information and confirmed the quotation.
Digital Payment and Financial Services Focus
Findi’s core operations are aligned with the growing digital finance ecosystem. The company delivers end-to-end solutions in transaction management, digital banking, and payment gateway services. It supports institutions in transitioning from traditional systems to technology-driven platforms, aiding in service delivery and financial inclusion across underserved regions.
Business Strategy and Growth Areas
The company maintains a strategy focused on expanding its footprint in digital financial services. Through its platforms and partnerships, Findi supports clients in upgrading their technological capabilities. It provides services such as software development, data integration, secure processing, and backend system support for financial operations.
Overview of Security Class
The newly quoted shares are of the same class as existing fully paid ordinary shares already listed on the ASX. This ensures consistency in shareholder rights, entitlements, and trading conditions. The quotation increases the total number of listed securities available under the company’s main class of equity.
Ongoing Developments
Findi continues to undertake initiatives aligned with digital innovation and infrastructure improvement. The company aims to enhance its operational framework to support increased demand for electronic transactions, digital onboarding, and real-time processing capabilities across its client base.