Service Stream Limited (AU:SSM) has released an update.
Service Stream Limited’s director Leigh Geoffrey Mackender has significantly increased his stake in the company by acquiring 794,792 ordinary fully paid shares, valued at approximately $1.12 million based on the closing share price on the date of change. This transaction, which involved the exercise of vested Performance Rights under the company’s Executive Share Based Incentive Plan, brings Mackender’s total holdings to 2,567,706 shares. There was no disposal of shares and this change did not occur during a closed period requiring prior clearance.
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