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Cellmid Ltd's CEO Maria Halasz lifts stake with on-market trades

Published: 01:30 20 Jun 2016 EDT

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Cellmid Ltd's (ASX:CDY) Maria Halasz, chief executive officer, has lifted her indirect stake in the company through an on-market trade.

Halasz picked up 652,600 shares for a consideration of $19,350, or around $0.03 per share.

The shares were bought between the 15th – 17th June 2016.

Halasz now holds a stake of:

- Direct: 1.55 million shares and 12 million loan shares; and
- Indirect: 10 million shares, 1.5 million $0.034 options and 5 million $0.032 options.


Cellmid Ltd launch to drive revenue

Earlier in the month Cellmid launched its Advangen evolis® Professional  hair growth product range in Australia.

The range includes 13 new products all with Cellmid's unique FGF5 inhibitor hair growth technology. 

Revenue from the evolis® Professional  products is expected to contribute markedly to the overall Australian target in the medium term.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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