IPD Group’s Director Adjusts Shareholdings

IPD Group Ltd (AU:IPG) has released an update.

IPD Group Limited has reported changes in the Director Michael Sainsbury’s shareholdings, with acquisitions and disposals of various securities. Sainsbury has acquired 120,964 Fully Paid Ordinary Shares and disposed of a total of 120,964 Performance Rights across FY22, FY23, and FY24, all without cash consideration but with an estimated value based on the recent closing share price. These transactions reflect adjustments in Sainsbury’s direct and indirect interests, including those held through a trustee company and a family account.

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