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Engenco Limited ( (AU:EGN) ) has provided an announcement.
Engenco Limited has announced a significant change in the director’s interest, with Dale Brendan Elphinstone increasing his indirect shareholding through Elph Pty Ltd and Elph Investments Pty Ltd. The director acquired 58,073,798 ordinary shares at a takeover offer price of 31.0 cents per share, bringing his total holdings to 286,416,123 shares. This move reflects a strategic consolidation of shares under the takeover bid by Elph Investments Pty Ltd, potentially strengthening the director’s influence and control within the company.
More about Engenco Limited
Average Trading Volume: 37,815
Technical Sentiment Signal: Hold
Current Market Cap: A$96.38M
See more insights into EGN stock on TipRanks’ Stock Analysis page.