Mader Group Director Sells Shares, Holdings Adjusted

Mader Group Ltd (AU:MAD) has released an update.

Mader Group Ltd has announced a change in the director Luke Mader’s interest in the company, with a disposal of 10 million shares at $6.15 per share through an on-market trade. Prior to the transaction, the director held a total of 113,697,095 shares indirectly through various entities, including those controlled by his spouse. Post-transaction, Luke Mader’s indirect holdings have decreased to 103,697,095 fully paid ordinary shares.

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