Johns Lyng Group Director Increases Stake with Significant Share Acquisition

An announcement from Johns Lyng Group Ltd ( (AU:JLG) ) is now available.

Johns Lyng Group Limited announced a change in the director’s interest, with Nicholas Carnell acquiring 395,170 fully paid ordinary shares through an on-market purchase. This transaction, valued at $850,000.37, increases the total shares held by NSC Collective Pty Ltd, where Mr. Carnell is a director, to 2,808,096 shares. The acquisition, conducted during a closed period with prior written clearance, reflects a significant investment by the director, potentially indicating confidence in the company’s future performance.

More about Johns Lyng Group Ltd

Johns Lyng Group Limited operates in the building and construction industry, focusing on insurance building and restoration services. The company is known for its expertise in managing and executing building projects, particularly in the aftermath of natural disasters, and serves a broad market including insurance companies and property owners.

YTD Price Performance: -40.97%

Average Trading Volume: 2,763,340

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$608.7M

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