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London City Equities Ltd ( (AU:LCE) ) has shared an update.
London City Equities Limited has reported a minor change in the indirect shareholding of director David G. Butel, as disclosed to the ASX under listing rule obligations. His interests are held through the DG Butel Superannuation Fund and Imperial Pacific Limited, reflecting the typical use of investment vehicles for director equity exposure.
On 6 May 2026, an on-market trade resulted in the acquisition of 52 fully paid ordinary shares at 85 cents per share, increasing the holding of Imperial Pacific Limited to 13,168,920 shares, while the superannuation fund’s position remained unchanged. The company confirmed that the transaction did not occur during a closed period, indicating compliance with its trading and governance policies and signalling routine portfolio adjustment rather than a strategic shift.
More about London City Equities Ltd
London City Equities Limited is an investment company listed on the ASX, focusing on equity holdings and related financial investments. The company’s structure allows directors and associated entities, such as superannuation funds and private companies, to hold indirect interests in its fully paid ordinary shares.
Average Trading Volume: 1,788
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$26.98M
For a thorough assessment of LCE stock, go to TipRanks’ Stock Analysis page.