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Artrya Limited Issues Shares on Performance Rights Conversion

Story Highlights
  • Artrya Limited issued 200,000 shares after employee performance rights conversion.
  • The share issuance supports Artrya’s growth and AI platform development in coronary diagnostics.
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Artrya Limited Issues Shares on Performance Rights Conversion

Artrya Limited ( (AU:AYA) ) has provided an update.

Artrya Limited announced the issuance of 200,000 ordinary shares following the exercise and conversion of vested employee incentive performance rights. This move is part of the company’s efforts to incentivize employees and align their interests with the company’s growth objectives. The issuance of shares reflects Artrya’s ongoing commitment to leveraging its patented AI platform to enhance coronary artery disease diagnostics, potentially impacting its market positioning and stakeholder interests positively.

More about Artrya Limited

Artrya Limited is a Perth-based applied artificial intelligence healthcare company founded in 2018 and listed on the Australian Securities Exchange in 2021. It focuses on improving the diagnosis of coronary heart disease and developing predictive tools to prevent acute coronary events, working alongside clinicians to provide a comprehensive overview of at-risk patients.

YTD Price Performance: 51.89%

Average Trading Volume: 174,271

Technical Sentiment Consensus Rating: Sell

For a thorough assessment of AYA stock, go to TipRanks’ Stock Analysis page.

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