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An announcement from Black Pearl Group Limited ( (AU:BPG) ) is now available.
Black Pearl Group director and substantial shareholder Timothy Crown has disclosed a change in the nature of his relevant interest in the company’s ordinary shares. Following a series of share issuances via placements, conversions of restricted shares under his director appointment terms, and an off-market transfer from Crown BP Holdings, LLC, his total holding now stands at 7,945,503 shares, representing 8.195% of the 96,951,417 shares on issue.
The disclosure outlines that Crown’s interest is held through a combination of direct legal and beneficial ownership and control of voting rights via entities such as Crown BP Holdings, LLC and Ohana Farm, LLC. While his percentage stake has declined from 16.288% due to the expanded share base, the updated structure confirms his continued role as a significant shareholder, clarifying ownership and voting control for market participants and regulators.
The most recent analyst rating on (AU:BPG) stock is a Buy with a A$1.91 price target. To see the full list of analyst forecasts on Black Pearl Group Limited stock, see the AU:BPG Stock Forecast page.
More about Black Pearl Group Limited
Black Pearl Group Limited is a New Zealand-listed company with ordinary shares traded on the NZX. It operates in the technology and data sector, focusing on digital solutions and services, with its shareholder base including institutional and individual investors, as well as related entities of its directors.
Average Trading Volume: 72,365
Current Market Cap: A$70.28M
For a thorough assessment of BPG stock, go to TipRanks’ Stock Analysis page.