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GTN Director Updates Disclosure of Indirect Shareholding

Story Highlights
  • GTN director Robert Martino now holds no GTN shares directly in his own name.
  • Martino maintains indirect exposure through Viburnum Funds, which holds over 107 million GTN shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GTN Director Updates Disclosure of Indirect Shareholding

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An announcement from GTN Ltd. ( (AU:GTN) ) is now available.

GTN Limited has notified the ASX of a change in director Robert Martino’s relevant interests in the company’s securities, with the filing indicating that he now holds no GTN shares in his own name. However, Martino remains an employee and sub-20% shareholder of Viburnum Funds Pty Ltd, which retains a significant relevant interest in 107,246,048 GTN shares, meaning his indirect economic exposure to the company continues via the investment firm.

The most recent analyst rating on (AU:GTN) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on GTN Ltd. stock, see the AU:GTN Stock Forecast page.

More about GTN Ltd.

GTN Limited (ASX: GTN) is an Australia-listed company; the filing does not provide additional detail on its industry, products or services.

Average Trading Volume: 28,423

Technical Sentiment Signal: Sell

Current Market Cap: A$57.2M

Learn more about GTN stock on TipRanks’ Stock Analysis page.

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