Alliance Aviation Director Mark Stanton Increases Indirect Shareholding

An announcement from Alliance Aviation Services Limited ( (AU:AQZ) ) is now available.

Alliance Aviation Services has disclosed a change in the shareholding of director Mark Stanton, who increased his indirect interest in the company through an on-market purchase. Stanton acquired 40,000 ordinary shares at AUD0.65 per share via Seawise Pty Ltd as trustee for the Stanton Investment Trust, lifting that indirect holding to 65,833 shares, while his existing direct and superannuation fund interests in Alliance Aviation remain unchanged.

The transaction, which did not occur during a closed period, brings Stanton’s total indirect holdings to 225,833 ordinary shares alongside his unchanged direct holding of 10,000 shares. The increased stake signals continued alignment of the director’s financial interests with those of other shareholders and provides additional transparency to investors regarding board members’ exposure to the company’s equity.

The most recent analyst rating on (AU:AQZ) stock is a Hold with a A$0.64 price target. To see the full list of analyst forecasts on Alliance Aviation Services Limited stock, see the AU:AQZ Stock Forecast page.

More about Alliance Aviation Services Limited

Alliance Aviation Services Limited operates in the aviation sector, providing air transport services supported by a fleet of aircraft and related aviation operations. The company’s shares are listed on the ASX, and its governance and disclosure practices include regular reporting of directors’ interests in its securities to the market.

Average Trading Volume: 321,946

Technical Sentiment Signal: Sell

Current Market Cap: A$104.7M

See more data about AQZ stock on TipRanks’ Stock Analysis page.