Felix Group Holdings Corrects Director’s Shareholding Disclosure

Felix Group Holdings Ltd. ( (AU:FLX) ) just unveiled an announcement.

Felix Group Holdings Ltd has announced a correction in the number of securities held by Mr. Mike Davis, a director of the company. An administrative oversight in a previous filing had misreported the number of shares held indirectly through M.A.D. Technologies Pty Ltd. The corrected filing now accurately reflects Mr. Davis’s holdings as 8,441,400 shares, up from the previously reported 718,153 shares. This correction is significant for stakeholders as it clarifies the director’s actual stake in the company, potentially impacting perceptions of internal governance and investment confidence.

More about Felix Group Holdings Ltd.

Felix Group Holdings Ltd operates in the technology sector, providing a cloud-based enterprise Software as a Service (SaaS) procurement management platform and vendor marketplace. The company focuses on connecting contractors and third-party vendors by digitizing, automating, and streamlining procurement-related business processes, which helps in reducing supply chain risk and improving transparency and governance.

YTD Price Performance: -13.04%

Average Trading Volume: 64,733

Technical Sentiment Signal: Hold

Current Market Cap: A$40.9M

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