Comms Group Ltd. (Australia) (AU:CCG) has released an update.
Comms Group Ltd has announced that Director Peter McGrath has increased his stake in the company through an on-market acquisition of 300,000 ordinary shares at $0.058 each. Prior to this transaction, McGrath held over 16 million shares in the McGrath Super Fund account, over 6 million in the McGrath Investment account, along with 13.9 million performance rights and 900,000 ordinary shares held directly. Following the change, McGrath’s direct interest in Comms Group remains substantial, reinforcing his confidence in the company’s prospects.
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