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Webjet Limited Director’s Shareholding Adjusted
Company Announcements

Webjet Limited Director’s Shareholding Adjusted

Webjet Limited (AU:WEB) has released an update.

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Webjet Limited has announced an adjustment in Director John Guscic’s interest due to changes to funding arrangements following the company’s demerger, with Guscic acquiring an additional 927,925 shares at a non-cash value of approximately A$6.83 million. This change has affected both direct and indirect holdings, resulting in Guscic now directly holding over 8.6 million shares. The adjustments also involve structured option and financing agreements with major financial institutions UBS AG and Goldman Sachs.

For further insights into AU:WEB stock, check out TipRanks’ Stock Analysis page.

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