SciDev Ltd (AU:SDV) has released an update.
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SciDev Ltd is set to issue 284,676 fully paid ordinary shares to its directors as part of their compensation, following approval at the company’s 2024 Annual General Meeting. This move, effective December 13, 2024, reflects SciDev’s strategy of aligning management interests with shareholder value. Investors might find this issuance an intriguing development in the company’s financial strategy.
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