Breville Director Timothy Baxter Increases Holding via Fee Sacrifice Rights Issue

Breville Group ( (AU:BRG) ) just unveiled an update.

Breville Group Limited has reported a change in the interests of director Timothy Baxter, reflecting his participation in the company’s Non-Executive Director Fee Sacrifice Scheme. Baxter has been issued 3,070 rights under the NED Plan, valued at a cash equivalent of $94,995.62 based on the volume-weighted average Breville share price following the half-year results.

Following the transaction, Baxter continues to hold 9,577 ordinary Breville shares via Pillar Custodial Services and now directly holds 3,070 NED Rights, with no securities disposed in the process. The transaction occurred outside a closed trading period and did not involve any related contracts, indicating a routine alignment of director remuneration with shareholder interests rather than a market trade.

The most recent analyst rating on (AU:BRG) stock is a Hold with a A$29.00 price target. To see the full list of analyst forecasts on Breville Group stock, see the AU:BRG Stock Forecast page.

More about Breville Group

Breville Group Limited is an Australian consumer products company best known for its small kitchen appliances, including coffee machines, blenders, and cookware. The group focuses on design-led, premium household appliances and distributes its products across domestic and international markets, positioning itself in the mid-to-high end segment of the home appliances industry.

Average Trading Volume: 358,678

Technical Sentiment Signal: Hold

Current Market Cap: A$4.05B

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