Finbar Group Director Reduces Indirect Shareholdings

Finbar Group Limited ( (AU:FRI) ) has issued an update.

Finbar Group Limited announced a significant change in the indirect securities holdings of its director, Mr. Darren Pateman. On March 6 and March 11, 2025, Mr. Pateman disposed of 2,500,000 ordinary fully paid shares valued at $1,850,000, reducing his indirect holdings from 3,660,493 to 1,160,493 shares. This transaction, conducted off-market, reflects a strategic decision by Mr. Pateman, potentially impacting his influence within the company and signaling a shift in the company’s internal dynamics.

More about Finbar Group Limited

Finbar Group Limited operates in the real estate industry, focusing on property development and investment. The company is known for its involvement in residential and commercial projects, primarily within the Australian market.

YTD Price Performance: -11.25%

Average Trading Volume: 71,646

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$193.2M

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