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Algorae Pharmaceuticals Announces Director’s Interest Change

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Algorae Pharmaceuticals Announces Director’s Interest Change

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Living Cell Technologies ( (AU:1AI) ) has issued an update.

Algorae Pharmaceuticals Limited has announced a change in the interests of its director, David Hainsworth. The company, which operates in the pharmaceutical industry, focuses on developing innovative medical solutions. The announcement details the allotment of 30,000,000 performance rights to Hainsworth, as approved by shareholders at the recent AGM. This change reflects the company’s commitment to aligning its leadership’s interests with long-term strategic goals, potentially impacting its market positioning and stakeholder relations.

More about Living Cell Technologies

Average Trading Volume: 10,231,180

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$14.34M

For an in-depth examination of 1AI stock, go to TipRanks’ Overview page.

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