Completion of Share Purchase Plan

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Stock Parkd Ltd (PKD.ASX)
Release Time 17 Oct 2025, 10:57 a.m.
Price Sensitive Yes
 Parkd Ltd Completes Share Purchase Plan
Key Points
  • Company received applications totalling $290,000 for SPP
  • Board decided to accept $220,000 in applications
  • Total of 7,333,334 new shares to be issued under SPP
Full Summary

Parkd Ltd (ASX:PKD) has announced the final results of its Share Purchase Plan (SPP), which closed on Friday, 10th October 2025. The company received applications totalling $290,000 for the SPP, which had a target of $120,000. Given the strong support from shareholders, the Board decided to use its discretion under the terms of the SPP and accept applications of $220,000. Accordingly, a total of 7,333,334 new fully paid ordinary shares in the capital of the Company will be issued pursuant to the SPP. The strong support for the SPP follows the successful $780,000 placement announced to the ASX on 25th September 2025. The SPP offered all eligible shareholders the opportunity to acquire shares at $0.03 each, being the same price as the placement. Excess application money resulting from the scale back will be refunded to applicants in accordance with the terms of the SPP. The company encourages applicants to the SPP to ensure their direct credit details are provided online with Automic Share Registry as soon as possible to facilitate timely provision of any refunds.