Alexium Issues Shares for Director Remuneration Post-Shareholder Approval

Alexium International Group Limited ( (AU:AJX) ) just unveiled an update.

Alexium International Group Limited has issued 9,917,255 ordinary shares as director remuneration for the second half of 2024, following shareholder approval at the 2024 Annual General Meeting. This issuance was conducted without disclosure under the Corporations Act 2001, and the company confirms compliance with relevant legislative provisions, ensuring no undisclosed information affects investor assessments of the company’s financial position or share rights.

More about Alexium International Group Limited

Alexium International Group Limited is a performance chemicals provider specializing in advanced materials applications, particularly focusing on flame retardancy and thermal management. The company leverages an innovation model to address market gaps with its patent-protected technologies, serving key markets such as bedding, body armor, military uniforms, and workwear. Its product brands include AlexiCool®, AlexiFlam®, Eclipsys®, BioCool®, and DelCool™.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €7.59M

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