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Aguia Director Benjamin Jarvis Increases Indirect Shareholding via $50,000 Share Purchase

Story Highlights
  • Aguia director Benjamin Jarvis acquired 1,388,889 new shares indirectly for $50,000.
  • His total indirect holding via Cove Street rose to 1,548,889 shares, reinforcing alignment with shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Aguia Director Benjamin Jarvis Increases Indirect Shareholding via $50,000 Share Purchase

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The latest announcement is out from Aguia Resources Limited ( (AU:AGR) ).

Aguia Resources Limited has disclosed a change in director Benjamin Jarvis’s relevant interests in the company’s securities, as required under ASX listing rules. Through his indirect holding vehicle Cove Street Pty Limited, where he serves as a director, Jarvis acquired 1,388,889 fully paid ordinary shares in Aguia for a consideration of $50,000. Following this transaction, his indirect shareholding via Cove Street Pty Limited increased to 1,548,889 shares, while his existing indirect holdings through Six Degrees Group Holding Pty Limited and Cove Street Superannuation Pty Limited, as well as his 3,000,000 unlisted options, remain unchanged. The acquisition signals a further alignment of Jarvis’s financial interests with those of Aguia’s shareholders, which may be interpreted by the market as a sign of confidence in the company’s prospects.

More about Aguia Resources Limited

Aguia Resources Limited is an ASX-listed company operating in the resources sector. The company’s securities structure includes fully paid ordinary shares and unlisted options, reflecting typical capital-raising and incentive mechanisms used by junior and mid-tier resource companies in the Australian market.

Average Trading Volume: 2,397,959

Technical Sentiment Signal: Sell

Current Market Cap: A$33.06M

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

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