Cogstate Ltd (AU:CGS) has released an update.
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Bradley O’Connor, a director at Cogstate Ltd, has notably altered his holdings in the company by exercising employee options to acquire 1,000,000 additional ordinary shares, while simultaneously disposing of the same number of employee options. The transaction, valued at $340,000, resulted in O’Connor’s direct ownership increasing to 4,488,429 ordinary shares with a reduction in his employee options to 2,250,000. This change reflects a significant shift in the director’s interest in the firm, showcasing active management of his investment.
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