AD1 Holdings Director Increases Stake with New Shares

AD1 Holdings Ltd (AU:AD1) has released an update.

AD1 Holdings Ltd has announced a significant change in the interests of its director, Michael Norster, who has acquired an additional 5 million fully paid ordinary shares and 5 million unlisted options through a share placement. This move, approved by shareholders in November, reflects strategic positioning as the director’s total indirect holdings now stand at over 25 million shares and 11.5 million options. Investors and market watchers may find this development noteworthy as it indicates confidence in the company’s future prospects.

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