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Corporate Travel Management Announces Change in Director’s Interest

Story Highlights
  • Corporate Travel Management operates in corporate travel services across multiple regions.
  • Jamie Pherous maintains significant share interest despite recent share disposal.
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Corporate Travel Management Announces Change in Director’s Interest

Corporate Travel Management Limited ( (AU:CTD) ) just unveiled an update.

Corporate Travel Management Limited announced a change in the director’s interest for Executive Director Jamie Pherous. The notice clarifies that Mr. Pherous did not receive consideration for the disposal of 400,000 ordinary shares by LJP2 Pty Ltd, as he holds only an indirect interest. Despite this change, Mr. Pherous maintains a significant interest in the company, holding a relevant interest in 16,900,000 ordinary shares and a direct interest in 205,292 performance rights. This announcement provides transparency regarding the director’s holdings and ensures compliance with corporate governance standards.

More about Corporate Travel Management Limited

Corporate Travel Management Limited operates in the travel management industry, providing corporate travel services across Australia, New Zealand, North America, Asia, and Europe. The company focuses on delivering tailored travel solutions to businesses, enhancing efficiency and cost-effectiveness in corporate travel.

YTD Price Performance: 15.34%

Average Trading Volume: 203

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $1.65B

For an in-depth examination of CTD stock, go to TipRanks’ Stock Analysis page.

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