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AF Legal Director Increases Indirect Shareholding via Westferry Fund

Story Highlights
  • Director Peter Johns, via Westferry Operations as trustee, acquired 99,077 AF Legal shares on market at $0.16, increasing his indirect stake.
  • Johns’ holding through The Westferry Fund rose to 5.5 million shares, with a further 10 million held via The Westferry Legal Services Fund, modestly lifting his exposure.
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AF Legal Director Increases Indirect Shareholding via Westferry Fund

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The latest update is out from AF Legal Group Limited ( (AU:AFL) ).

AF Legal Group has disclosed a change in director Peter Johns’ indirect interests in the company, following on‑market share purchases executed via Westferry Operations Pty Ltd as trustee for The Westferry Fund. Across two trades on 6 and 9 March 2026, Johns’ associated entity acquired a total of 99,077 fully paid ordinary shares at $0.16 per share.

As a result of these transactions, Johns’ indirect holding in AF Legal Group through The Westferry Fund increased to 5.5 million fully paid ordinary shares, while his interest via The Westferry Legal Services Fund remains at 10 million shares. The move modestly boosts the director’s economic exposure to the company and may be read by investors as a signal of confidence, although it does not alter his interests in any related contracts.

The most recent analyst rating on (AU:AFL) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on AF Legal Group Limited stock, see the AU:AFL Stock Forecast page.

More about AF Legal Group Limited

AF Legal Group Ltd operates in the legal services sector, providing law-related services in Australia. The company is listed on the ASX and its securities are held in part through investment entities such as The Westferry Fund and The Westferry Legal Services Fund, reflecting a structure that links management interests with shareholder exposure.

Average Trading Volume: 75,300

Technical Sentiment Signal: Hold

Current Market Cap: A$14.37M

For detailed information about AFL stock, go to TipRanks’ Stock Analysis page.

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