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Kelly Partners Group Announces Director’s Share Transfer for Loan Security

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Kelly Partners Group Announces Director’s Share Transfer for Loan Security

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An announcement from Kelly Partners Group Holdings Ltd. ( (AU:KPG) ) is now available.

Kelly Partners Group Holdings Ltd. has announced a change in the director’s interest, specifically related to Brett Kelly. The change involves a transfer of 1,000,000 ordinary shares to a custodian for security purposes under a Master Loan Agreement and Deed of Security. This move allows Kelly Investments 1 Pty Ltd to borrow against the value of its shares in Kelly Partners Group Holdings Ltd., with the right to recover the shares at the end of the loan period.

The most recent analyst rating on (AU:KPG) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on Kelly Partners Group Holdings Ltd. stock, see the AU:KPG Stock Forecast page.

More about Kelly Partners Group Holdings Ltd.

Average Trading Volume: 41,041

Technical Sentiment Signal: Buy

Current Market Cap: A$470M

For a thorough assessment of KPG stock, go to TipRanks’ Stock Analysis page.

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