BUZZ-Australia's Titomic rises on UK manufacturing unit launch

Reuters

07/28

BUZZ-Australia's Titomic rises on UK manufacturing unit launch

** Shares of Titomic Ltd TTT.AX rise as much as 5.4% to A$0.295, their highest level since July 17; stock last up 1.8%

** Metal additive manufacturing firm launches a UK-based subsidiary, Titomic UK Ltd

** Unit to serve as regional manufacturing hub for various industries across the UK, including aerospace, defence, energy and infrastructure

** YTD, stock up 50%

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com))

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