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360 Capital REIT Director Sells Indirect Stake in Stapled Securities

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360 Capital REIT Director Sells Indirect Stake in Stapled Securities

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360 Capital REIT ( (AU:TOT) ) just unveiled an announcement.

360 Capital REIT has disclosed a change in the interests of director David van Aanholt, in line with ASX listing rule requirements. The notice relates to an indirect holding through the David & Linda Van Aanholt Superannuation Fund.

According to the filing, van Aanholt disposed of 153,178 ordinary stapled securities in an on-market trade at $0.405 per security. Following this transaction, he no longer holds any units via this superannuation fund, signalling a full exit from this particular indirect position in the REIT.

The most recent analyst rating on (AU:TOT) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on 360 Capital REIT stock, see the AU:TOT Stock Forecast page.

More about 360 Capital REIT

360 Capital REIT is an Australian listed real estate investment trust comprising the 360 Capital Active REIT stapled to the 360 Capital Passive REIT. The trust invests in property and real estate-linked assets, providing investors with exposure to income-generating real estate securities listed on the ASX.

Average Trading Volume: 154,835

Technical Sentiment Signal: Buy

Current Market Cap: A$86.58M

For a thorough assessment of TOT stock, go to TipRanks’ Stock Analysis page.

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