Allegra Orthopaedics Limited (AU:AMT) has released an update.
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Allegra Medical Technologies Limited has experienced a significant change in shareholding, with major stakeholders Nicholas Hartnell, Robinwood Investments, and Allegra Innovations increasing their combined voting power from 79.82% to 85.98% following a series of acquisitions linked to takeover offers. The transactions, which involved a cash consideration of $0.004 per share, resulted in the acquisition of over 7 million shares, consolidating their substantial holding in the company.
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