Acrow Formwork and Construction Services Limited (AU:ACF) has released an update.
Steven Boland, a director at Acrow Limited, has adjusted his stake in the company through the exercise of vested performance rights, resulting in an increased holding of 6,092,062 ordinary fully paid shares, while the long-term variable remuneration performance rights decreased to 1,229,568. The transaction was executed with no financial consideration provided, indicating it was part of a pre-existing arrangement under the company’s Rights Plan.
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