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Adherium Ltd. Announces Change in Substantial Holder’s Voting Power

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Adherium Ltd. Announces Change in Substantial Holder’s Voting Power

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The latest update is out from Adherium Ltd. ( (AU:ADR) ).

Adherium Ltd. has experienced a change in the interests of a substantial holder, Trudell Medical Limited, which has impacted the voting power associated with Adherium’s ordinary shares. This change in interest, including a share consolidation and entitlement offer, has adjusted Trudell Medical Limited’s voting power from 22.15% to 19.90%, reflecting a strategic shift in their investment position within Adherium.

More about Adherium Ltd.

Average Trading Volume: 107,044

Technical Sentiment Signal: Sell

Current Market Cap: A$5.31M

Learn more about ADR stock on TipRanks’ Stock Analysis page.

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