ASX updates market on director Wayne Byres’ revised shareholding structure

ASX ( (AU:ASX) ) has issued an update.

ASX Limited has reported a change in the securities interests of non-executive director Wayne Byres, following recent transactions involving fully paid ordinary shares in the company. The update, lodged under ASX listing rule obligations, reflects a shift from directly held shares into an indirect holding via a family trust structure, consolidating his stake under Warajasa Pty Ltd as trustee for the Warajasa Family Trust.

According to the notice, Byres acquired additional ASX shares through the trust while simultaneously transferring his previously directly held shares into the same vehicle. After these transactions, his entire relevant interest is held indirectly through the family trust, totalling 4,016 fully paid ordinary shares in ASX Limited, providing investors with updated transparency on director alignment with shareholder interests.

The most recent analyst rating on (AU:ASX) stock is a Sell with a A$49.05 price target. To see the full list of analyst forecasts on ASX stock, see the AU:ASX Stock Forecast page.

More about ASX

ASX Limited operates Australia’s primary securities exchange, providing listing, trading, clearing and settlement services for equities, derivatives and other financial products. The company serves domestic and international issuers, investors and intermediaries, and plays a central role in the Australian capital markets infrastructure and regulatory framework.

Average Trading Volume: 670,805

Technical Sentiment Signal: Sell

Current Market Cap: A$10.65B

For an in-depth examination of ASX stock, go to TipRanks’ Overview page.