Magellan Financial Group Ltd (AU:MFG) has released an update.
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John Eales, a director at Magellan Financial Group Ltd, has altered his investment position in the company by selling a significant number of units in two funds. Eales offloaded 105,517 units in the Magellan Global Fund and 243,658 units in the High Conviction Trust, with the transactions conducted on the open market. Following these sales, Eales continues to hold over 80,000 ordinary shares and various other fund units within the Magellan portfolio.
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