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Equity Story Group Ltd. ( (AU:AEG) ) has provided an announcement.
Aland Equity Group Limited has disclosed a substantial change in the indirect holdings of director Alex Brinkmeyer, mainly via Aland Pty Limited as trustee and through his spouse, following shareholder approval at a recent general meeting. The transaction involved the issue of 41,994,521 new shares and 8,000,000 performance rights to entities connected to Brinkmeyer, plus 10,000,000 shares to his spouse, lifting his indirect stake to more than 370 million shares and aligning his remuneration and director’s fees more closely with the company’s equity performance.
The most recent analyst rating on (AU:AEG) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Equity Story Group Ltd. stock, see the AU:AEG Stock Forecast page.
More about Equity Story Group Ltd.
Aland Equity Group Limited, also referred to as Aland Equity Group, operates as an investment and property-focused group, with its securities listed on the ASX under the ticker AEG. The company’s capital structure includes fully paid ordinary shares and performance rights, with significant holdings concentrated among related parties and trusts associated with its directors.
Average Trading Volume: 488,710
Technical Sentiment Signal: Buy
Current Market Cap: A$18.97M
For a thorough assessment of AEG stock, go to TipRanks’ Stock Analysis page.