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Spirit Technology Solutions Updates on Director’s Share Acquisition

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Spirit Technology Solutions Ltd. ( (AU:ST1) ) has issued an update.

Spirit Technology Solutions announced a change in director’s interest notice related to Mr. Julian Challingsworth’s on-market acquisition of shares under the Spirit Loan Funded Share Plan. The transaction, which was part of a previously approved plan, was not notified within the required timeframe due to an administrative oversight. The company reassured stakeholders that this oversight does not affect its compliance with ASX Listing Rules and that current arrangements are adequate to ensure ongoing compliance.

More about Spirit Technology Solutions Ltd.

Spirit Technology Solutions is an ASX-listed company that provides innovative secured managed services, cyber security, and collaboration and communications platforms to Australian businesses. The company focuses on building secure digital workplaces, aiming to make its customers secure, sustainable, and scalable.

YTD Price Performance: -36.07%

Average Trading Volume: 193,808

Technical Sentiment Signal: Buy

Current Market Cap: A$74.17M

For detailed information about ST1 stock, go to TipRanks’ Stock Analysis page.

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