Cuscal Director Increases Indirect Shareholding via Superannuation Fund

Cuscal Limited ( (AU:CCL) ) just unveiled an announcement.

Cuscal Limited has disclosed a change in the indirect shareholding of director Belinda Jane Cruickshank Cooney, reflecting an update to her notifiable interest in the company. The interests are held via SBC Investments Pty Ltd as trustee for the Oceanum Superannuation Fund, where she is both a director and shareholder of the trustee and a beneficiary of the fund.

According to the notice, Ms Cooney acquired 5,000 Cuscal ordinary shares through an on-market purchase during an approved trading window, at a total consideration of $24,750. This transaction increases her indirect holding from 60,000 to 65,000 Cuscal ordinary shares and signals continued equity alignment between the director and the company, with no indication of trades during a closed period.

The most recent analyst rating on (AU:CCL) stock is a Buy with a A$5.80 price target. To see the full list of analyst forecasts on Cuscal Limited stock, see the AU:CCL Stock Forecast page.

More about Cuscal Limited

Cuscal Limited is an Australian financial services provider focused on payments and transaction solutions. The company operates within the banking and payments infrastructure sector, serving financial institutions and related stakeholders that rely on secure, regulated access to payment systems and associated services.

Average Trading Volume: 541,580

Technical Sentiment Signal: Buy

Current Market Cap: A$860.1M

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