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LTR Pharma Issues 8.3 Million Unquoted Options Expiring in 2028

Story Highlights
  • LTR Pharma has issued 8.3 million unquoted options at a sixty cent exercise price.
  • These unquoted options, expiring in 2028, support LTR Pharma’s ongoing capital management strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
LTR Pharma Issues 8.3 Million Unquoted Options Expiring in 2028

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LTR Pharma Limited ( (AU:LTP) ) just unveiled an announcement.

LTR Pharma Limited has notified the market of the issue of 8.3 million unquoted options, exercisable at A$0.60 and expiring on 16 January 2028. The options, which are not intended to be quoted on the ASX, form part of previously announced transactions and indicate the company’s continued use of equity-linked incentives or financing structures that may lead to future dilution but can support capital management and alignment of stakeholder interests.

More about LTR Pharma Limited

LTR Pharma Limited is an Australian pharmaceutical company listed on the ASX under the code LTP. The company operates in the life sciences sector, focusing on the development and commercialisation of pharmaceutical products, with its securities traded on the Australian market.

Average Trading Volume: 348,747

Technical Sentiment Signal: Buy

Current Market Cap: A$108.1M

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

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