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Regal Funds Management Increases Stake in Adherium Ltd.

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Regal Funds Management Increases Stake in Adherium Ltd.

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An announcement from Adherium Ltd. ( (AU:ADR) ) is now available.

Adherium Ltd. has announced a change in the interests of its substantial holders, with Regal Funds Management Pty Limited and its associates increasing their voting power from 22.78% to 26.29%. This change reflects a strategic move by Regal Funds Management to strengthen its position within the company, potentially impacting Adherium’s governance and future strategic decisions.

More about Adherium Ltd.

Technical Sentiment Signal: Sell

Current Market Cap: A$8.98M

For a thorough assessment of ADR stock, go to TipRanks’ Stock Analysis page.

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