Verbrec Ltd (AU:VBC) has released an update.
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Verbrec Ltd has announced the off-market sale of 7.7 million shares by its largest shareholder, Brian O’Sullivan, facilitating the diversification of its investor base. The shares were acquired by both long-standing institutional investors and new entrants, indicating sustained interest in Verbrec’s growth strategy. Mr. O’Sullivan’s divestment will also support his charitable efforts for Myotonic Muscular Dystrophy.
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