Adherium Ltd. (AU:ADR) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Regal Funds Management Asia Pte Limited has disclosed a long equity derivative position in Adherium Limited, holding a total of 20,622,059 securities, which accounts for a 5.29% stake in the company. This disclosure follows the guidelines set by the Australian Takeovers Panel to ensure transparency and prevent unacceptable circumstances. The derivatives are in the form of equity swaps, specifically by the Zambezi Absolute Return Fund.
For further insights into AU:ADR stock, check out TipRanks’ Stock Analysis page.