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My Rewards International Limited ( (AU:KLV) ) has issued an update.
Klevo Rewards Limited has disclosed a change in director Alexander Gold’s holdings, with his direct interest in fully paid ordinary shares increasing by 500,000 through an off-market trade. Following the transaction, Gold now holds 88,254,025 fully paid ordinary shares and 200,000,000 unlisted options, signaling a modest increase in his equity stake that may be viewed as a sign of confidence in the company by a key board member.
The off-market nature of the transaction indicates that the shares were transferred privately rather than via public market trading, which can sometimes reflect strategic or negotiated arrangements between parties. While the notice is primarily administrative, it updates investors on board-level ownership and reinforces ongoing transparency around director interests, which is a key governance consideration for shareholders.
More about My Rewards International Limited
Klevo Rewards Limited, formerly associated with My Rewards International, operates in the rewards and loyalty sector, providing customers with access to offers and benefits through its platforms. The company focuses on building member engagement and value through its rewards-based services in the broader consumer and corporate loyalty market.
Average Trading Volume: 2,267,707
Technical Sentiment Signal: Strong Sell
Find detailed analytics on KLV stock on TipRanks’ Stock Analysis page.