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Lindsay Australia Appoints New Director with Significant Shareholdings

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Lindsay Australia Appoints New Director with Significant Shareholdings

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The latest update is out from Lindsay Australia Limited ( (AU:LAU) ).

Lindsay Australia Limited has announced the appointment of Robert Maxwell Miller as a director effective from July 1, 2025. Miller holds a significant number of shares in the company, both personally and as a trustee for the Robert Miller Family Trust. A substantial portion of these shares are subject to voluntary escrow, with staggered release conditions tied to the company’s financial year results for FY2026 and FY2027. This appointment and the conditions on the shares could impact the company’s governance and shareholding structure, potentially influencing stakeholder interests and market perceptions.

The most recent analyst rating on (AU:LAU) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on Lindsay Australia Limited stock, see the AU:LAU Stock Forecast page.

More about Lindsay Australia Limited

Average Trading Volume: 617,040

Technical Sentiment Signal: Sell

Current Market Cap: A$228.4M

See more data about LAU stock on TipRanks’ Stock Analysis page.

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