Superloop Ltd. (AU:SLC) has released an update.
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Superloop Limited director Paul Tyler has significantly increased his stake in the company, acquiring a total of 1,080,415 fully paid ordinary shares through the exercise of share options, performance rights, and deferred STI share rights, with a considerable portion acquired at no cost. The transactions, which did not involve any disposals, have notably enhanced Tyler’s direct and indirect shareholdings in the company. This move could indicate a strong belief in the company’s future by one of its directors.
For further insights into AU:SLC stock, check out TipRanks’ Stock Analysis page.
