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Findi director Nicholas Smedley lifts stake through placement and option grants

Story Highlights
  • Findi director Nicholas Smedley increased his indirect holdings via new shares and options.
  • The securities were issued under a shareholder-approved placement and option pool transfers, boosting his aligned stake.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Findi director Nicholas Smedley lifts stake through placement and option grants

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An announcement from Findi ( (AU:FND) ) is now available.

Findi Limited has disclosed a change in the indirect interests of director Nicholas Smedley, who has increased his holdings through More Capital Holdings Pty Ltd following share and option issuances. Smedley acquired 720,000 fully paid ordinary shares at $0.70 each and a combined 1,525,000 director options in two tranches, with no disposals, reflecting a larger aligned stake in the company following shareholder approval of a placement and transfers from the option pool.

The new securities were issued as part of Tranche 2 of a placement approved at an extraordinary general meeting on 20 April 2026 and via transfers from the company’s option pool. The move consolidates Smedley’s indirect ownership across multiple nominee and capital vehicles, potentially reinforcing investor perception of director commitment, although the notice does not detail any immediate operational or strategic implications for Findi’s business.

The most recent analyst rating on (AU:FND) stock is a Buy with a A$5.43 price target. To see the full list of analyst forecasts on Findi stock, see the AU:FND Stock Forecast page.

More about Findi

Findi Limited is an ASX-listed company, but the release does not specify its industry, primary products or services, or market focus. The announcement centers solely on changes to a director’s holdings in the company’s securities, with no additional operational or strategic context provided.

Average Trading Volume: 181,114

Technical Sentiment Signal: Sell

Current Market Cap: A$69.48M

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

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