Southern Cross Director’s Shareholding Altered

Southern Cross Electrical Engineering Limited (AU:SXE) has released an update.

Southern Cross Electrical Engineering Limited has announced a change in Director Graeme Dunn’s interests, with the acquisition of 302,911 Ordinary Shares upon the exercise of vested FY22 Performance Rights. Simultaneously, Dunn disposed of 605,821 FY22 Performance Rights, with the transactions resulting in his increased holding to 2,727,211 Ordinary Shares, in addition to existing FY23 and FY24 Performance Rights. The changes in the director’s interest were executed in accordance with the company’s plan rules, and no cash consideration was involved.

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