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Finexia Director Neil Sheather Increases Indirect Shareholding via On-Market Purchase

Story Highlights
  • Finexia director Neil Sheather has increased his indirect stake through Sage Fortunes Pty Ltd.
  • He bought 41,398 Finexia shares on-market at A$0.18, modestly raising his overall equity exposure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Finexia Director Neil Sheather Increases Indirect Shareholding via On-Market Purchase

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Finexia Financial Group Ltd ( (AU:FNX) ) has issued an announcement.

Finexia Financial Group Ltd has disclosed a change in director Neil Sheather’s indirect interests in the company’s shares. Through entity Sage Fortunes Pty Ltd, Sheather acquired 41,398 fully paid ordinary shares in an on-market trade at A$0.18 per share, increasing that holding to 1,832,241 shares while his other indirect holdings via Eastern Words Pty Ltd and Michelle Sheather remain unchanged. The transaction modestly lifts Sheather’s overall equity exposure to Finexia, signalling continued alignment of the director’s interests with those of shareholders, and updates the market on board-level ownership in accordance with ASX disclosure requirements.

The most recent analyst rating on (AU:FNX) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Finexia Financial Group Ltd stock, see the AU:FNX Stock Forecast page.

More about Finexia Financial Group Ltd

Finexia Financial Group Ltd is an ASX-listed financial services company. It operates within Australia’s financial sector, providing investment and related financial products and services to a range of investors and clients.

Average Trading Volume: 45,654

Technical Sentiment Signal: Sell

Current Market Cap: A$11.84M

See more data about FNX stock on TipRanks’ Stock Analysis page.

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