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Maggie Beer Holdings Ltd. ( (AU:MBH) ) has shared an update.
Maggie Beer Holdings has disclosed a change in director Tom Kiing’s indirect interest in the company’s shares, lodged with the ASX under director disclosure rules. Through Sieana Pty Ltd, of which he is a director, Kiing acquired 2,169,997 fully paid ordinary shares at $0.056 per share via participation in a non-renounceable entitlement issue, increasing his indirect holding from 21,699,961 to 23,869,958 shares. The company confirmed there were no related changes in director interests in contracts and that the trades did not occur during a closed period requiring special clearance, signalling routine capital participation rather than a governance or compliance event.
The most recent analyst rating on (AU:MBH) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Maggie Beer Holdings Ltd. stock, see the AU:MBH Stock Forecast page.
More about Maggie Beer Holdings Ltd.
Maggie Beer Holdings Limited is an Australian-listed company operating in the premium food and beverage sector, focused on branded products under the Maggie Beer name and related labels. The group targets the higher-value end of the grocery and specialty food markets, supplying retail and other channels with gourmet and value-added food offerings.
Average Trading Volume: 377,633
Technical Sentiment Signal: Buy
Current Market Cap: A$42.56M
For an in-depth examination of MBH stock, go to TipRanks’ Overview page.