Supply Network Limited (AU:SNL) has released an update.
Supply Network Limited has announced a change in the holdings of director Mr. R D Fraser as per the latest Appendix 3Y filing. Fraser has increased his stake in the company, acquiring an additional 3,294 ordinary shares through the dividend reinvestment plan, indicating a potential boost in confidence in the company’s performance. The transaction, valued at AUD 20.00 per share, raises Fraser’s total direct and indirect shareholding to 82,142 and 120,850 ordinary shares respectively.
For further insights into AU:SNL stock, check out TipRanks’ Stock Analysis page.