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AUCyber Director Alters Stake Amid Takeover

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AUCyber Director Alters Stake Amid Takeover

Sovereign Cloud Holdings Ltd. ( (AU:CYB) ) has provided an update.

AUCyber Limited, operating in the cybersecurity industry, has announced a change in the director’s interest notice. Catherine Gay Reid, a director, has disposed of her indirect interests in the company’s securities, totaling 12,407,769 shares valued at $1,675,048.82. This change is linked to the acceptance of a takeover bid and market sale of CYB shares, impacting the company’s ownership structure and possibly influencing its strategic direction.

More about Sovereign Cloud Holdings Ltd.

YTD Price Performance: -10.0%

Average Trading Volume: 1,516,956

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$22.08M

See more insights into CYB stock on TipRanks’ Stock Analysis page.

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