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Pro-Pac Packaging Director Acquires Significant Shares

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Pro-Pac Packaging Director Acquires Significant Shares

Pro-Pac Packaging Limited ( (AU:PPG) ) has issued an update.

Pro-Pac Packaging Limited announced a change in the director’s interest, with Mark Blackburn acquiring 9,084,386 ordinary shares through an off-market trade. This acquisition, valued at $45,421.92, reflects a significant increase in Blackburn’s indirect interest in the company, potentially impacting the company’s governance and shareholder dynamics.

More about Pro-Pac Packaging Limited

Pro-Pac Packaging Limited operates in the packaging industry, focusing on providing a range of packaging solutions. The company is involved in the production and distribution of various packaging materials and products.

YTD Price Performance: -23.33%

Average Trading Volume: 222,856

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$3.63M

Learn more about PPG stock on TipRanks’ Stock Analysis page.

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