RUA Life Sciences (GB:RUA) has released an update.
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RUA Life Sciences PLC has streamlined its board, appointing Geoff Berg as Non-Executive Chairman and issuing 3.65 million share options to Directors and staff to incentivize the company’s growth and strategy delivery. The company focuses on becoming cash generative and has seen a restructured management leading to cost savings and better communication. The granted share options are exercisable at a premium to the market price, with terms to align with shareholder value enhancement.
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