Michael Hill Director Sells Shares for Tax Planning

Michael Hill International Ltd. (AU:MHJ) has released an update.

Michael Hill International Ltd. has announced a reduction in shares held by Director Daniel Spencer Bracken, who sold 67,281 fully paid ordinary shares to address tax liabilities related to his remuneration for fiscal years 2021 and 2022. The on-market sales reduced his holdings to 2,869,037 fully paid ordinary shares and maintained his 2,101,520 share rights. These transactions highlight the director’s strategic financial planning amidst personal tax obligations.

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