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GenusPlus announces release of shares from voluntary escrow

December 1, 2025 at 10:13 AM UTCBy FilingReader AI

GenusPlus Group Ltd (ASX: GNP) has announced that 2,460,937 fully paid ordinary shares will be released from voluntary escrow on 2 December 2025. These escrow arrangements were put in place following the acquisition of Partum Engineering Pty Ltd, which was completed on 3 December 2024.

Following this release, a remaining 357,277 ordinary shares will continue to be held in escrow until 1 December 2026. This announcement details the conclusion of a portion of the voluntary escrow period linked to the acquisition.

GenusPlus Group Ltd is an infrastructure and services provider specializing in power and communications across Australia. The company focuses on designing, building, and maintaining electrical networks, substations, and battery systems, and integrating new generation technologies with a focus on carbon neutrality.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

ASX:GNPAustralian Securities Exchange

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