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Adherium Ltd. Sees Major Shareholding Shift

Adherium Ltd. (AU:ADR) has released an update.

Regal Funds Management Pty Limited and its associates have experienced a notable change in their shareholding in Adherium Ltd., with a substantial reduction in their interest by 509,150,320 shares due to a stock consolidation event on December 5, 2023. This shift in ownership dynamics is reflected in the company’s latest substantial holding notice, indicating a significant realignment in the voting power within Adherium Ltd.

For further insights into AU:ADR stock, check out TipRanks’ Stock Analysis page.

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