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Kaiser Reef Ltd ( (AU:KAU) ) has issued an update.
Kaiser Reef Ltd has announced a change in the interests of Director Steven Formica. The adjustment involves an off-market transfer of shares between entities associated with Mr. Formica, increasing his indirect interest in the company to 5,000,000 fully paid ordinary shares and 2,500,000 shares in different entities he controls. This change was facilitated through director participation in a placement approved at a recent general meeting, indicating a reshuffling of internal holdings but maintaining the director’s significant stake in the company.
More about Kaiser Reef Ltd
YTD Price Performance: 3.12%
Average Trading Volume: 647,269
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$41.43M
Learn more about KAU stock on TipRanks’ Stock Analysis page.
