tiprankstipranks
Advertisement
Advertisement

London City Equities Director Slightly Increases Indirect Shareholding

Story Highlights
  • London City Equities reported a small on-market increase in director David Butel’s indirect shareholding.
  • The modest share purchase outside any closed period slightly boosts the director’s equity alignment with shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
London City Equities Director Slightly Increases Indirect Shareholding

Claim 55% Off TipRanks

The latest announcement is out from London City Equities Ltd ( (AU:LCE) ).

London City Equities has disclosed a minor change in director David G. Butel’s indirect shareholding following on-market trades in late April 2026. Through his superannuation fund and Imperial Pacific Limited, Butel acquired an additional 264 fully paid ordinary shares at 85 cents each, marginally increasing his indirect interest in the company.

The notice confirms there were no disposals of shares, no related changes in contractual interests, and that the trades did not occur during a closed period requiring prior clearance. While the transaction is small in scale, it slightly raises the director’s aligned exposure to the company’s equity, which may be noted by shareholders tracking insider ownership trends.

More about London City Equities Ltd

London City Equities Limited is an Australian listed investment company that holds and manages a portfolio of fully paid ordinary shares. The company operates as a vehicle for equity investment, with directors and associated entities often holding significant stakes through superannuation funds and private companies.

Average Trading Volume: 2,666

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$26.98M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1