MWP Partners Takes Substantial Stake in Island Pharmaceuticals

Island Pharmaceuticals Ltd (AU:ILA) has released an update.

Island Pharmaceuticals Limited has announced that MWP Partners Limited has become a substantial holder with a 7.70% voting power, following the acquisition of 11,870,151 ordinary shares. The transaction, which took place on October 11, 2024, involved a cash consideration of $830,910.57. Investors are taking note of MWP Partners Limited’s new position within Island Pharmaceuticals, signaling a significant financial move in the pharmaceutical sector.

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