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Insignia Financial Details Performance Rights Compliance and Strengthens ASX Disclosure Processes

Story Highlights
  • Insignia Financial will rely on existing annual reports for past performance rights disclosure and confirms required approvals.
  • The company has revamped internal governance and controls to ensure stronger compliance with ASX equity disclosure rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Insignia Financial Details Performance Rights Compliance and Strengthens ASX Disclosure Processes

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The latest announcement is out from Insignia Financial Ltd ( (AU:IFL) ).

Insignia Financial has responded to an ASX compliance letter, confirming it will not provide additional disclosure on movements in performance rights between December 2020 and 30 June 2025, beyond what has already been reported in its annual reports over that period. The company detailed performance rights issued to former CEO Renato Mota and current CEO Scott Hartley during the relevant period, confirmed that all required shareholder approvals were obtained and conditions met, and outlined a comprehensive overhaul of its internal processes and governance to strengthen compliance with ASX Listing Rules on equity-related disclosures, including enhanced controls, regular reviews, and tighter coordination with its share plan administrator.

The most recent analyst rating on (AU:IFL) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Insignia Financial Ltd stock, see the AU:IFL Stock Forecast page.

More about Insignia Financial Ltd

Insignia Financial Ltd is an Australian-listed financial services group that provides wealth management, investment, and related advisory and platform services to retail and institutional clients. The company operates in the broader financial services industry with a focus on superannuation, investment solutions, and advice, and is listed on the ASX under the code IFL.

Average Trading Volume: 1,300,974

Technical Sentiment Signal: Buy

Current Market Cap: A$3.12B

Find detailed analytics on IFL stock on TipRanks’ Stock Analysis page.

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