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Island Pharmaceuticals Announces Change in Substantial Shareholding

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Island Pharmaceuticals Announces Change in Substantial Shareholding

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Island Pharmaceuticals Ltd ( (AU:ILA) ) just unveiled an update.

Island Pharmaceuticals Limited has announced a change in the substantial holding of shares by Dr. William James Garner. The notice indicates an increase in Garner’s voting power from 14.21% to 16.86% following a series of on-market sales and an options exercise. This change in shareholding could potentially impact the company’s governance and decision-making processes, reflecting Garner’s increased influence within the company.

More about Island Pharmaceuticals Ltd

Average Trading Volume: 602,582

Technical Sentiment Signal: Hold

Current Market Cap: A$35.41M

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

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