Metal Bank Limited (AU:MBK) has released an update.
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Metal Bank Limited has announced a significant change in the shareholding of Director Sue-Ann Higgins, with an acquisition of over 4.5 million indirect ordinary shares and 750,921 direct ordinary shares as part of an entitlement offer. This move increases her total holdings substantially, reflecting a strategic alignment with the company’s growth initiatives. Investors may find these developments intriguing as they highlight the director’s confidence in Metal Bank’s future prospects.
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