tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

GTN Director Updates Indirect Interest in Company Securities

Story Highlights
  • GTN director Robert Martino now holds no GTN shares directly in his own name.
  • Martino retains indirect exposure via 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 Indirect Interest in Company Securities

Claim 70% Off TipRanks This Holiday Season

GTN Ltd. ( (AU:GTN) ) has issued an update.

GTN Limited has disclosed a change in director Robert Martino’s relevant interest in the company’s securities, noting that he now holds no GTN shares in his own name. However, Martino remains an employee and minority shareholder (under 20%) of Viburnum Funds Pty Ltd, which maintains a substantial relevant interest in 107,189,465 GTN shares, indicating that his economic exposure to the company continues indirectly through this investment vehicle. The company confirmed there were no trades during a closed period, suggesting compliance with governance and trading policy requirements around director dealings.

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 specify its industry, products or services, or market focus.

Average Trading Volume: 30,691

Technical Sentiment Signal: Sell

Current Market Cap: A$56.25M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1