Colonial Motor Director Increases Beneficial Shareholding via Off-Market Transfer

The latest announcement is out from Colonial Motor Co Ltd ( (NZ:CMO) ).

The Colonial Motor Company has disclosed a change in director Stuart Barnes Gibbons’ relevant interests in the company’s ordinary shares, following an off-market transfer completed on 30 March 2026. Gibbons’ beneficial holding through the AD Gibbons Trust increased from 1,868,554 to 1,897,304 shares via a transfer of 28,750 shares at a price of NZ$8.18.

The transaction, which did not occur during a closed trading period, involved a shift in registered ownership from trustees Robyn Joy Wylie and Kim Robyn Hamilton to the trustees of the AD Gibbons Trust, where Gibbons is a trustee and joint beneficial owner. He also retains additional beneficial and non-beneficial interests in other parcels of Colonial Motor shares, underscoring a substantial overall alignment of the director’s interests with those of shareholders.

More about Colonial Motor Co Ltd

The Colonial Motor Company Limited is a New Zealand-listed company operating in the automotive retail and distribution sector, with its primary business centred on the ownership and operation of motor vehicle dealerships. The company’s activities focus on selling new and used vehicles and associated services to customers across the New Zealand market.

Average Trading Volume: 1,941

Technical Sentiment Signal: Strong Buy

Current Market Cap: N$261.6M

For detailed information about CMO stock, go to TipRanks’ Stock Analysis page.