Sovereign Cloud Holdings Ltd. (AU:SOV) has released an update.
Sovereign Cloud Holdings Ltd has completed its share consolidation following shareholder approval, with new holdings statements to be dispatched to reflect the change from 1,635,633,072 to 163,563,360 ordinary shares and from 86,760,260 to 8,676,026 options. This move by the Australian-owned cyber security and cloud services provider aims to simplify its capital structure and is a significant corporate action for the company and its investors.
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