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DGL Director Simon Henry Increases Shareholding in On-Market Purchase

Story Highlights
  • DGL director Simon Henry purchased 285,000 shares on market, lifting his holding.
  • The disclosed trade signals director confidence and reinforces governance transparency for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
DGL Director Simon Henry Increases Shareholding in On-Market Purchase

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An update from DGL Group Limited ( (AU:DGL) ) is now available.

DGL Group Limited has notified the market of a change in director Simon Henry’s holdings, in line with ASX disclosure obligations. The filing reports that Henry directly purchased 285,000 fully paid ordinary shares on market for AUD $110,645.19, increasing his direct stake to 155,525,000 fully paid ordinary shares and 710,000 performance rights, with no related contracts or trades during a closed period disclosed.

The transaction underscores continued director investment in the company’s equity, which investors may interpret as a signal of confidence in the business. Compliance with timely disclosure requirements also reinforces DGL Group’s adherence to governance standards expected of ASX-listed entities, providing transparency for shareholders regarding changes in substantial director interests.

The most recent analyst rating on (AU:DGL) stock is a Hold with a A$0.47 price target. To see the full list of analyst forecasts on DGL Group Limited stock, see the AU:DGL Stock Forecast page.

More about DGL Group Limited

DGL Group Limited is an Australian-listed company, identified by ABN 71 002 802 646. The company operates under ASX listing rules and is subject to Australian corporate disclosure requirements, including director interest notifications.

Average Trading Volume: 517,810

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$105.5M

Find detailed analytics on DGL stock on TipRanks’ Stock Analysis page.

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