Stemcell United Ltd. (AU:BP8) has released an update.
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Stemcell United Ltd. has reported a significant change in the interest holdings of director Francesco Cannavo due to a 5 to 1 Consolidation of Capital, with no acquisition or disposal of securities involved. Post-consolidation, Cannavo’s interests include 10,498,940 fully paid ordinary shares, assorted listed and unlisted options with varying expiry dates and exercise prices. This strategic capital consolidation could potentially influence the company’s stock performance and investor decisions.
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