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Maggie Beer Holdings Ltd. ( (AU:MBH) ) has shared an update.
Maggie Beer Holdings Limited has disclosed an increase in founder and director Maggie Beer’s indirect shareholding following her participation in a non-renounceable entitlement issue. Beer acquired 463,431 fully paid ordinary shares at $0.056 per share through various family, nominee, and superannuation entities, lifting her total indirect holding from 10,507,987 to 10,971,418 shares. The move signals continued alignment of the director’s interests with those of shareholders and reflects insider support for the company’s latest capital-raising initiative, which may be viewed positively by investors monitoring governance and ownership concentration in the stock.
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 food and beverage company known for its premium gourmet products, leveraging the Maggie Beer brand across retail and consumer markets. The group focuses on value-added food categories and branded products aimed at higher-end and health-conscious consumers in Australia and potentially select international markets.
Average Trading Volume: 377,633
Technical Sentiment Signal: Buy
Current Market Cap: A$42.56M
Learn more about MBH stock on TipRanks’ Stock Analysis page.