Aland Equity Group Director Increases Shareholding via Exercise of Performance Rights

Equity Story Group Ltd. ( (AU:AEG) ) just unveiled an update.

Aland Equity Group Limited has notified the ASX of a change in director David Tildesley’s relevant interests in the company’s securities. Tildesley exercised 480,769 vested performance rights, which were converted into fully paid ordinary shares held via Jetsman Pty Ltd for a consideration of $17,308, resulting in Jetsman’s holding increasing to 2,923,077 shares while his directly held performance rights were correspondingly reduced to nil. The transaction modestly increases the director’s equity exposure to the company and reflects the utilisation of equity-based remuneration, aligning his interests more closely with those of shareholders.

The most recent analyst rating on (AU:AEG) stock is a Hold with a A$0.04 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, recently referred to in ASX filings as Aland Equity Group, is an Australian-listed company; however, the released document focuses solely on director shareholdings and does not provide details on the company’s industry, products, services or market focus.

Average Trading Volume: 579,277

Technical Sentiment Signal: Buy

Current Market Cap: A$19.95M

Learn more about AEG stock on TipRanks’ Stock Analysis page.