Mirvac Group Director’s Stake Update

Mirvac Group (AU:MGR) has released an update.

Mirvac Group has issued a notice regarding a change in Director James Richard Cain’s interest, where he acquired 43,383 rights to acquire Stapled Securities with no change in his holding of 50,000 Stapled Securities. These rights were issued at a 30-day Volume Weighted Average Price of $1.99 per Stapled Security and will convert to Stapled Securities at no additional cost. The interest change was part of the Mirvac Group Non-Executive Director Fee Sacrifice Rights Plan.

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