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Manhattan Corp Director Bolsters Stake
Company Announcements

Manhattan Corp Director Bolsters Stake

Manhattan Corporation Limited (AU:MHC) has released an update.

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Manhattan Corporation Limited Director Kell Ivar Nielsen increased his indirect interest in the company by acquiring 3,125,000 Ordinary Shares at a consideration of $0.001 per share, resulting in a total holding of 9,375,000 Ordinary Shares. Nielsen’s acquisition is connected to the Director’s participation in the Entitlement Offer as previously announced on July 30, 2024, with no disposals reported. This financial activity reflects a noteworthy change in director’s interest, potentially signaling confidence in the company’s future to stock investors and market watchers.

For further insights into AU:MHC stock, check out TipRanks’ Stock Analysis page.

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