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Atturra Director Shan Shamsher Kanji Increases Indirect Shareholding

Story Highlights
  • Atturra disclosed an update to director Shan Shamsher Kanji’s indirect shareholdings via trust-related entities.
  • Kanji’s vehicle 263 Finance Pty Ltd bought 403,209 Atturra shares on-market, modestly increasing his overall equity exposure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Atturra Director Shan Shamsher Kanji Increases Indirect Shareholding

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Atturra Limited ( (AU:ATA) ) has shared an update.

Atturra Limited has reported a change in the indirect shareholding of director Shan Shamsher Kanji through entities Driftwood IT Pty Ltd and 263 Finance Pty Ltd. The notice clarifies that these holdings are connected to a parent company owned by a trust in which Kanji is a potential beneficiary.

The update shows that 263 Finance Pty Ltd acquired 403,209 fully paid ordinary shares in an on-market trade for about $221,765, while Driftwood IT Pty Ltd’s holding remained unchanged. Following the transaction, Kanji’s indirect interest via 263 Finance Pty Ltd rose to 112,430,344 shares, signalling a modest increase in his overall exposure to Atturra’s equity without any changes to contractual interests or trading during a closed period.

The most recent analyst rating on (AU:ATA) stock is a Hold with a A$0.58 price target. To see the full list of analyst forecasts on Atturra Limited stock, see the AU:ATA Stock Forecast page.

More about Atturra Limited

Atturra Limited is an Australia-listed company, but the release provides no specific description of its industry, core services, or market focus. The filing instead concentrates solely on changes in a director’s indirect shareholdings rather than operational or strategic business details.

Average Trading Volume: 298,760

Technical Sentiment Signal: Sell

Current Market Cap: A$202.8M

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

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