Kelly Partners Director Restructures Shareholdings

Kelly Partners Group Holdings Ltd. (AU:KPG) has released an update.

Brett Kelly, a director at Kelly Partners Group Holdings Ltd., has altered his interest in the company by transferring a total of 2,000,000 ordinary shares into the custody of a lender for security purposes under a Master Loan Agreement and Deed of Security. The transaction has affected Kelly’s direct and indirect shareholdings, which have been listed in various entities, including a family trust and a superannuation fund. Post transaction, Kelly’s direct holdings have decreased, but he retains the right to recover these shares at the end of the loan period.

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