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Kuniko Ltd. ( (AU:KNI) ) has issued an announcement.
Kuniko Limited has announced a change in the director’s interest, specifically concerning Brendan Borg. The change involves an acquisition of 475,000 fully paid ordinary shares and 158,334 entitlement options as part of an entitlement offer. This adjustment reflects Mr. Borg’s full participation in the entitlement offer, which was detailed in a prospectus lodged with the ASX. The transaction is valued at $33,250, with shares priced at $0.07 each. This move could potentially impact Kuniko’s market positioning by increasing insider ownership and aligning director interests with shareholder value.
More about Kuniko Ltd.
Average Trading Volume: 95,552
Technical Sentiment Signal: Sell
For an in-depth examination of KNI stock, go to TipRanks’ Overview page.