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Lycopodium Director Increases Stake Through Performance Rights Vesting

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Lycopodium Director Increases Stake Through Performance Rights Vesting

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Lycopodium Limited ( (AU:LYL) ) has shared an update.

Lycopodium Limited announced a change in the director’s interest, with Bruno Ruggiero acquiring additional shares through the vesting of performance rights. This change reflects the director’s increased stake in the company, potentially signaling confidence in the company’s future performance and aligning the director’s interests with those of the shareholders.

The most recent analyst rating on (AU:LYL) stock is a Buy with a A$13.50 price target. To see the full list of analyst forecasts on Lycopodium Limited stock, see the AU:LYL Stock Forecast page.

More about Lycopodium Limited

Lycopodium Limited operates in the engineering and project management industry, focusing on providing services and solutions for the development and delivery of projects across various sectors, including resources, infrastructure, and industrial processes.

YTD Price Performance: 35.54%

Average Trading Volume: 36,795

Technical Sentiment Signal: Buy

Current Market Cap: A$515.6M

Find detailed analytics on LYL stock on TipRanks’ Stock Analysis page.

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