Advanced Braking Technology Limited (AU:ABV) has released an update.
Advanced Braking Technology Limited has announced a significant off-market transfer of shares by Director David Slack, involving a redistribution of his direct and indirect holdings but with no change in his total ownership. Slack’s direct interest in DASI Investments Pty Ltd increased by 19,622,167 shares, while his indirect holdings through Windpac Pty Ltd decreased by the same amount, leaving his aggregate shareholding unchanged. This reallocation has been executed with no cash consideration and remains within the compliance of ASX listing rules.
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