Allegra Orthopaedics Sees Major Shareholder Shift
Company Announcements

Allegra Orthopaedics Sees Major Shareholder Shift

Allegra Orthopaedics Limited (AU:AMT) has released an update.

Allegra Medical Technologies Limited has experienced a notable change in ownership, with substantial holder Nicholas Hartnell, Robinwood Investments, and Allegra Innovations gaining a significant increase in voting power from 45.89% to 54.15% following a recent takeover offer. The acquisition involved the purchase of ordinary shares at $0.004 each, altering the distribution of relevant interests among the substantial holders. This shift in the power dynamic could signal potential strategic changes within the company.

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