Codan Limited Director Bolsters Share Holdings

Codan Limited (AU:CDA) has released an update.

Codan Limited has announced changes in the interests of its director, Alfonzo Ianniello, with a recent acquisition of shares tied to the company’s Short-Term Incentive (STI) program and the vesting of FY22 Performance Rights. Ianniello’s holdings now include an additional 44,971 ordinary shares from the STI tranche and 16,305 from vested Performance Rights, reflecting a significant personal investment in the company’s success. No shares have been disposed of, leaving Ianniello with a total of 75,276 ordinary shares and 140,523 Performance Rights post-transaction.

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