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Adveritas Director Mark McConnell Sells 4 Million Shares in On-Market Trade

Story Highlights
  • Adveritas director Mark McConnell has sold 4 million shares on-market at $0.13 each.
  • Despite the sale, McConnell maintains significant indirect and associated shareholdings in Adveritas.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Adveritas Director Mark McConnell Sells 4 Million Shares in On-Market Trade

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Adveritas Limited ( (AU:AV1) ) just unveiled an update.

Adveritas Limited has disclosed a change in the shareholdings of director Mark McConnell, as required under ASX listing rules. McConnell, through his indirect holding vehicle Mera Vale No. 1 Pty Ltd, sold 4 million fully paid ordinary shares in an on-market trade at $0.13 per share on 29 January 2026, reducing that entity’s holding from 8.85 million to 4.85 million shares. His other indirect and associated holdings, including shares held via Mera Vale No. 4 Pty Ltd, his spouse, and a custodial nominee, remain unchanged, meaning he still retains a substantial overall interest in the company despite the partial sell-down.

The most recent analyst rating on (AU:AV1) stock is a Sell with a A$0.12 price target. To see the full list of analyst forecasts on Adveritas Limited stock, see the AU:AV1 Stock Forecast page.

More about Adveritas Limited

Average Trading Volume: 574,797

Technical Sentiment Signal: Hold

Current Market Cap: A$120.1M

For an in-depth examination of AV1 stock, go to TipRanks’ Overview page.

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