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Biome Australia Issues Employee Shares, Ensures Compliance
Company Announcements

Biome Australia Issues Employee Shares, Ensures Compliance

Biome Australia Ltd (AU:BIO) has released an update.

Biome Australia Limited has informed the ASX of the issuance of 131,416 new shares under its Employee Incentive Plan, which are now exempt from the usual on-sale restrictions thanks to a notice following section 708A(5) of the Corporations Act. The company confirms compliance with the necessary provisions and asserts that all material information has been disclosed for investor assessment. Biome Australia continues to focus on developing and marketing innovative probiotics and complementary medicines aimed at improving health outcomes.

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

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