tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

DXN Limited Addresses Oversight in Director’s Interest Disclosure

Story Highlights
DXN Limited Addresses Oversight in Director’s Interest Disclosure

TipRanks Cyber Monday Sale

DXN Ltd. ( (AU:DXN) ) has shared an announcement.

DXN Limited announced a change in director’s interest, specifically the cancellation of performance rights awarded to Ms. Shalini Lagrutta under the company’s Employee Incentive Securities Plan. During this process, it was discovered that the company failed to lodge required Appendices 3Y for shares purchased by Ms. Lagrutta on two occasions in 2025, which the company attributes to an administrative oversight. DXN assures stakeholders that its current processes are sufficient to ensure compliance with ASX Listing Rules, emphasizing that this was an isolated incident.

The most recent analyst rating on (AU:DXN) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on DXN Ltd. stock, see the AU:DXN Stock Forecast page.

More about DXN Ltd.

DXN Limited is a vertically integrated manufacturer and operator of modular data centres in the Asia Pacific region. The company specializes in designing, engineering, manufacturing, maintaining, and operating data centres, serving major government and blue-chip enterprise customers. DXN operates through two main divisions: the Modular Division, which focuses on designing and deploying EDGE facilities and critical DC infrastructure, and the Data Centre Operations, which manages and markets data centres and critical infrastructure.

Average Trading Volume: 311,962

Technical Sentiment Signal: Sell

Current Market Cap: A$14.04M

For a thorough assessment of DXN stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1