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Australia's Droneshield drops after first strike on resolution to adopt remuneration report

BUZZ-Australia's Droneshield drops after first strike on resolution to adopt remuneration report

** Shares of Droneshield DRO.AX fall as much as 12.1% to A$2.98, their lowest level since May 22

** The counter‑drone technology firm on Friday, after market hours, said more than 25% of the votes were cast against the resolution to adopt the remuneration report, resulting in a first strike

** Stock down 2.9% this year, including the day's move


(Reporting by Sherin Sunny in Bengaluru)

((Sherin.Sunny@thomsonreuters.com))

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