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Connexion Mobility Addresses Director’s Unintentional Share Purchase

Connexion Mobility Addresses Director’s Unintentional Share Purchase

Connexion Telematics Limited (AU:CXZ) has released an update.

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Connexion Mobility Ltd has reported an inadvertent acquisition of 1,661 shares by director Greg Ross due to an administrative error and an unknown automated brokerage function. Ross plans to sell these shares at the next trading opportunity, and the company has assured that this was an isolated incident and that existing procedures are sufficient for ongoing compliance with ASX Listing Rules.

For further insights into AU:CXZ stock, check out TipRanks’ Stock Analysis page.

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