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Cadence Opportunities Fund Ltd. ( (AU:CDO) ) has issued an announcement.
Cadence Opportunities Fund has disclosed a change in director Wayne Edward William Davies’ indirect interest in the company, arising from participation in its dividend reinvestment plan. His superannuation vehicle, Andonandon Pty Ltd as trustee for Andonandon Super Fund, received 2,599 new ordinary shares issued at $2.21341 per share on 30 April 2026, increasing his indirect holding to 156,011 shares.
The additional shares were issued in lieu of cash dividends, reflecting the director’s continued alignment with shareholders through reinvested distributions rather than disposals or on‑market trades. The company confirmed there were no trades during a closed period and no changes to any director-related contracts, indicating a routine adjustment in equity exposure rather than a strategic shift in governance or capital structure.
More about Cadence Opportunities Fund Ltd.
Cadence Opportunities Fund Limited is an Australian listed investment company that holds a portfolio of securities on behalf of shareholders. It operates in the financial services sector, focusing on generating returns through active investment management and capital allocation in listed markets. The fund distributes dividends to investors and offers a dividend reinvestment plan to compound holdings.
Average Trading Volume: 21,256
Technical Sentiment Signal: Buy
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