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An announcement from Titomic Ltd ( (AU:TTT) ) is now available.
Titomic Limited has disclosed a change in the holdings of director Dr Andreas Schwer, in line with ASX requirements. Following the conversion of 20,000,000 share rights into ordinary shares at no cash consideration, Dr Schwer’s direct holding increased from 10,215,384 to 32,215,384 ordinary shares, with no interests disposed for value. The transaction, which was not conducted during a closed trading period, reflects the vesting of equity-based incentives and further aligns the director’s interests with those of shareholders, potentially signaling confidence in the company’s long-term prospects.
The most recent analyst rating on (AU:TTT) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Titomic Ltd stock, see the AU:TTT Stock Forecast page.
More about Titomic Ltd
Titomic Limited is an Australian-listed company; while this notice does not describe its operations, it is known on the market as a technology manufacturer focused on advanced manufacturing and additive manufacturing solutions.
Average Trading Volume: 3,093,240
Technical Sentiment Signal: Hold
Current Market Cap: A$345.9M
For detailed information about TTT stock, go to TipRanks’ Stock Analysis page.