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Adherium Ltd. Sees Increase in Substantial Holder’s Voting Power

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Adherium Ltd. Sees Increase in Substantial Holder’s Voting Power

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Adherium Ltd. ( (AU:ADR) ) has shared an announcement.

Adherium Ltd. has experienced a change in the interests of a substantial holder, Phillip Asset Management Ltd atf BioScience Managers Translation Fund I. The fund increased its voting power in Adherium Ltd. from 16.32% to 19.90% through the voluntary conversion of convertible notes into ordinary shares, impacting the company’s shareholder structure.

More about Adherium Ltd.

Average Trading Volume: 107,044

Technical Sentiment Signal: Sell

Current Market Cap: A$5.31M

Find detailed analytics on ADR stock on TipRanks’ Stock Analysis page.

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