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Kuniko Limited Announces Change in Director’s Interest

Story Highlights
  • Kuniko Limited’s director Gavin Rezos increased his securities through an Entitlement Offer.
  • The transaction may impact Kuniko’s market dynamics and shareholder confidence.
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Kuniko Limited Announces Change in Director’s Interest

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Kuniko Ltd. ( (AU:KNI) ) has provided an announcement.

Kuniko Limited has announced a change in the director’s interest notice, specifically regarding Gavin Rezos. The company, which operates in the field of mining and exploration, has seen an increase in the number of securities held by Rezos through indirect interests. This change is a result of full participation in an Entitlement Offer, which included acquiring additional fully paid ordinary shares and entitlement options. The transaction reflects the director’s strategic move to strengthen his position within the company, potentially impacting Kuniko’s market dynamics and shareholder confidence.

More about Kuniko Ltd.

Average Trading Volume: 95,552

Technical Sentiment Signal: Sell

For detailed information about KNI stock, go to TipRanks’ Stock Analysis page.

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