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Althea Director Increases Indirect Stake in Peak Processing Limited

Story Highlights
  • Peak Processing Limited, tied to Althea, processes regulated cannabis-based health products.
  • Director Manik Pujara boosted his indirect Peak Processing stake to 9 million shares plus options via on-market trades.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Althea Director Increases Indirect Stake in Peak Processing Limited

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The latest announcement is out from Althea Group Holdings Ltd. ( (AU:PKP) ).

Peak Processing Limited, associated with cannabis and health products group Althea, operates in the processing and supply of regulated cannabis-derived products for medical and consumer-use markets. Its activities are aligned with providing compliant, value-added manufacturing services within jurisdictions that permit cannabis-based therapies and wellness products.

Althea has disclosed that director Manik Pujara, through Trinetra Holdings Pty Ltd, increased his indirect holding in Peak Processing Limited by acquiring 3.4 million ordinary shares via on-market trades over four days in March 2026. Following the transactions, his interest rose to 9 million ordinary shares and 6 million options, signaling increased director alignment with shareholders but no change in contractual interests or trading during closed periods.

The most recent analyst rating on (AU:PKP) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Althea Group Holdings Ltd. stock, see the AU:PKP Stock Forecast page.

More about Althea Group Holdings Ltd.

Peak Processing Limited is an entity associated with Althea Group Holdings Ltd., operating in the cannabis and health products sector. The company focuses on the processing and supply of cannabis-derived products, with a market focus on regulated medical and consumer-use markets where such products are legally permitted.

Average Trading Volume: 2,185,786

Technical Sentiment Signal: Sell

Current Market Cap: A$18.57M

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

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