Cyclopharm’s Major Shareholder Sees Reduced Voting Power

Cyclopharm Limited (AU:CYC) has released an update.

Cyclopharm Limited has reported a change in the interests of its substantial holder, CVC Limited, with voting power decreasing from 7.24% to 6.14% following a dilution event. The dilution occurred due to a share placement and an employee incentive scheme between February 21 and June 4, 2024. CVC Limited remains the registered holder of 6,644,758 ordinary shares after these events.

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