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Cadence Opportunities Fund Ltd. ( (AU:CDO) ) has issued an announcement.
Cadence Opportunities Fund has reported a change in director Karl Peter Siegling’s relevant interest in the company’s shares, reflecting an indirect increase through entities of which he is a director and beneficial owner. His holding rose from 4,392,108 to 4,540,932 ordinary shares after participating in the company’s dividend reinvestment plan on 30 April 2026.
The additional 148,824 shares were issued at $2.21341 per share under the dividend reinvestment plan tied to dividends paid on that date, with a total value of about $329,408.53. The transaction, which did not occur during a closed period, signals ongoing alignment of the director’s interests with those of shareholders through reinvestment rather than market trading.
More about Cadence Opportunities Fund Ltd.
Cadence Opportunities Fund Limited is an Australian listed investment company that manages a portfolio of securities on behalf of its shareholders. It operates in the financial services sector, providing investors with exposure to actively managed investment strategies through its ordinary shares on the ASX.
Average Trading Volume: 21,256
Technical Sentiment Signal: Buy
Learn more about CDO stock on TipRanks’ Stock Analysis page.