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Hearts and Minds Investments Ltd ( (AU:HM1) ) has shared an update.
Hearts and Minds Investments Limited has disclosed a change in director David Wright’s relevant interest in the company’s shares, following participation in its dividend reinvestment plan. Wright, through D.A.W. Holdings Pty Ltd as trustee for the D.A. Wright Family Trust, increased his indirect holding by 3,539 fully paid ordinary shares at $2.75712 per share, taking his total interest to 106,239 shares.
The transaction reflects the director’s continued alignment with shareholders by electing to receive dividends in stock rather than cash, modestly increasing insider ownership in the company. No shares were disposed of, there were no changes in any related contracts, and the trade did not occur during a closed period, indicating routine governance and compliance with ASX disclosure requirements.
More about Hearts and Minds Investments Ltd
Hearts and Minds Investments Limited is an Australian listed investment company that provides shareholders with a concentrated portfolio of equities. The company operates in the funds management and investment sector, giving investors exposure to a selection of securities chosen by leading fund managers with a focus on capital growth and income generation through dividends.
Average Trading Volume: 194,705
Technical Sentiment Signal: Sell
Find detailed analytics on HM1 stock on TipRanks’ Stock Analysis page.