Bank of Queensland Director Increases Stake

Bank of Queensland Limited (AU:BOQ) has released an update.

Warwick Martin Negus, a director at Bank of Queensland Limited, has converted 65,729 Rights into Ordinary Shares at no cost, as per the Non-Executive Director Fee Sacrifice Rights Plan. This has increased his indirect shareholding within the company to a total of 178,897 Ordinary Shares held in trust, which are restricted from trading for 15 years, until September 2, 2039. The Rights were acquired by sacrificing fees amounting to $348,583 over a 12-month period.

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