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Airtasker Ltd ( (AU:ART) ) just unveiled an update.
Airtasker Limited has disclosed a change in director Catherine Ann O’Connor’s interests, reflecting an update in her indirect holdings in the company. Her interests are held through Cassocom Pty Ltd as trustee for a superannuation fund and COFT BOSS Pty Ltd as trustee for a family trust, underscoring the use of structured entities for director equity participation.
Under the company’s Non-Executive Director (NED) Equity Plan, O’Connor has been issued 17,566 additional rights in lieu of $4,000 in director fees, taking her total rights to 166,105 while her 150,000 fully paid ordinary shares remain unchanged. The transaction, which did not occur during a closed period, signals ongoing alignment of director remuneration with shareholder interests via equity-based compensation rather than cash.
The most recent analyst rating on (AU:ART) stock is a Sell with a A$0.20 price target. To see the full list of analyst forecasts on Airtasker Ltd stock, see the AU:ART Stock Forecast page.
More about Airtasker Ltd
Airtasker Limited is an Australia-based online marketplace that connects people and businesses with local service providers for a wide range of tasks. The platform focuses on flexible, on-demand labor, enabling users to outsource everyday jobs and projects while providing taskers with access to casual and freelance work opportunities.
Average Trading Volume: 288,861
Technical Sentiment Signal: Sell
Current Market Cap: A$109.7M
Learn more about ART stock on TipRanks’ Stock Analysis page.