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Infomedia Ltd ( (AU:IFM) ) has provided an announcement.
Infomedia Ltd has announced a change in the interests of its director, Jens Monsees, in the company’s securities. The change involves the exercise of performance rights and restricted stock units, resulting in Mr. Monsees acquiring 1,122,578 fully paid ordinary shares. This adjustment reflects a significant increase in his direct holdings, which now total 1,532,050 fully paid ordinary shares. The transaction did not involve any cash consideration, indicating a strategic move to align the director’s interests with the company’s long-term performance goals.
The most recent analyst rating on (AU:IFM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Infomedia Ltd stock, see the AU:IFM Stock Forecast page.
More about Infomedia Ltd
Average Trading Volume: 1,171,528
Technical Sentiment Signal: Buy
Current Market Cap: A$641.4M
See more insights into IFM stock on TipRanks’ Stock Analysis page.