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Atturra Limited to Release Shares from Voluntary Escrow Post-Acquisition

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Atturra Limited to Release Shares from Voluntary Escrow Post-Acquisition

Atturra Limited ( (AU:ATA) ) has shared an announcement.

Atturra Limited announced the release of 823,530 fully paid ordinary shares from voluntary escrow on April 3, 2025. This release is related to the acquisition of Somerville Group Pty Ltd, initially announced in March 2023. The release of these shares signifies a step in the integration process following the acquisition, potentially impacting Atturra’s market operations and stakeholder interests.

More about Atturra Limited

Atturra Limited is an ASX-listed technology company offering enterprise advisory, consulting, and IT services. The company focuses on sectors such as local government, utilities, education, defense, federal government, financial services, and manufacturing. Atturra partners with global providers like Boomi, Cisco, HP, Microsoft, and others, serving major public and private organizations in Australia.

YTD Price Performance: -23.08%

Average Trading Volume: 222,166

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$317.2M

For a thorough assessment of ATA stock, go to TipRanks’ Stock Analysis page.

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