Mader Group Director’s Stake Shifts Noticeably

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

In a recent update from Mader Group Ltd, Director Justin Nuich’s indirect interest in the company has shifted following an on-market trade. Specifically, Nuich acquired 750,000 Fully Paid Ordinary Shares and disposed of the same number of Performance Rights, with the changes taking effect on August 29, 2024, and no cash consideration was involved. After these transactions, Nuich’s indirect holdings include 950,000 Fully Paid Ordinary Shares and 1,500,000 Performance Rights subject to vesting conditions, along with 1,000,000 Share Appreciation Rights.

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