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An announcement from AD1 Holdings Ltd ( (AU:AD1) ) is now available.
AdNeo Limited has announced a board renewal strategy, which includes the resignation of Mr. Michael Norster from the board effective September 23, 2025. Mr. Norster, who joined the board in 2018, has played a crucial role as Non-Executive Director and Chair of the Audit, Risk and Compliance committee, contributing to the company’s governance and financial discipline. His departure comes after successfully transitioning responsibilities to new board members, including Mr. Ian Basser and Mr. Kevin Lynch, both appointed in 2025. The board, now led by Non-Executive Chairman Nicholas Smedley, acknowledges Mr. Norster’s contributions, particularly in capital raising and M&A deals, which have positioned the company for future success.
More about AD1 Holdings Ltd
AdNeo Ltd (ASX: AD1) is a company that actively acquires, owns, and manages high-growth businesses in the SaaS and innovative services sectors. The company focuses on driving shareholder value by strategically acquiring synergistic companies with significant growth potential. AdNeo’s experienced management team enhances operational efficiency and stimulates innovation, opening new market opportunities to maximize profitability and ensure exceptional returns for shareholders.
Average Trading Volume: 148,694
Technical Sentiment Signal: Sell
Current Market Cap: A$14.08M
For detailed information about AD1 stock, go to TipRanks’ Stock Analysis page.