Australia's Delta Drone International rises as major shareholder sells stake

Rocketdna

03/01/2023 02:12

** Shares of Delta Drone International Ltd  DLT.AX  rise as
much as 11.1% to A$0.01, set to mark best day since Oct 19, if
gains hold
    ** The drones-as-a-service provider says its major
shareholder Delta Drone Societe Anonyme (Delta Drone SA) has
disposed of 85.8 mln shares in DLT, representing 16.77% of its
shareholding  urn:newsml:reuters.com:*:nNRAmvlo4e
    ** Co says the shareholder will sell stake for $280,000 
 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))