Nanosonics Limited (AU:NAN) has released an update.
Michael Kavanagh, CEO and President of Nanosonics Limited, has sold 90,000 Ordinary Shares to meet a tax obligation related to the exercise of company securities. Despite this sale, Kavanagh retains a substantial stake in the company, with 1,274,496 shares, over 1.4 million Rights, and close to 287,000 Options still under his ownership. The market has been informed of this change in director’s interest as per corporate governance requirements.
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