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Anagenics Tightens Capital Structure as 10 Million Performance Rights Lapse

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Anagenics Tightens Capital Structure as 10 Million Performance Rights Lapse

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Anagenics ( (AU:AN1) ) has issued an announcement.

Anagenics Limited has notified the market that 10 million performance rights on issue under ASX code AN1AA have lapsed after the conditions attached to those rights were not, or could no longer be, satisfied. The cessation of these rights reduces the company’s potential future equity dilution and slightly tightens its capital structure, with implications for existing shareholders’ relative ownership and any executives or participants whose incentives were linked to the now-lapsed performance rights.

More about Anagenics

Current Market Cap: A$3.42M

Find detailed analytics on AN1 stock on TipRanks’ Stock Analysis page.

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