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The latest update is out from Articore Group Limited ( (AU:ATG) ).
Articore Group Limited has announced a change in the security holdings of director Robin Mendelson, reflecting the routine conversion of restricted stock units into fully paid ordinary shares under the company’s director remuneration arrangements. Mendelson converted 45,292 restricted stock units, issued in lieu of cash director fees for the 12 months to 31 October 2026, into an equivalent number of ordinary shares held indirectly through Solium Nominees (Australia) Pty Ltd, increasing his indirect shareholding to 481,496 shares while reducing his restricted stock units to 452,924; the transaction was not conducted during a closed trading period and does not involve any on-market trading, underscoring the ongoing use of equity-based compensation rather than signaling a change in strategic or financial outlook.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
More about Articore Group Limited
Articore Group Limited is a listed company on the ASX that compensates its directors partly through equity-based instruments, including restricted stock units and fully paid ordinary shares, facilitated via an employee share trust structure. The company uses these equity arrangements in lieu of cash fees for directors, aligning director remuneration with shareholder outcomes and the company’s share price performance.
Average Trading Volume: 127,612
Technical Sentiment Signal: Sell
Current Market Cap: A$73.02M
For a thorough assessment of ATG stock, go to TipRanks’ Stock Analysis page.