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Mayfield Group Announces Director’s Shareholding Adjustment

Story Highlights
  • Mayfield Group Holdings Limited reports a change in director Alan Steele’s indirect shareholding.
  • 10 million shares were transferred between trusts without cash consideration, reflecting a trustee change.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mayfield Group Announces Director’s Shareholding Adjustment

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Mayfield Group Holdings Limited ( (AU:MYG) ) has shared an announcement.

Mayfield Group Holdings Limited has announced a change in the indirect interests of its director, Alan Steele. The change involves the transfer of 10,000,000 ordinary shares from Amteal Pty Limited atf Steele Family Trust to Alan Steele Consulting Pty Limited atf Steele Family Trust, with no cash consideration involved. This adjustment in shareholding reflects a change of trustee and does not impact the total number of shares held by the director. The transaction was conducted outside of a closed trading period, indicating compliance with regulatory requirements.

The most recent analyst rating on (AU:MYG) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Mayfield Group Holdings Limited stock, see the AU:MYG Stock Forecast page.

More about Mayfield Group Holdings Limited

Average Trading Volume: 203,381

Technical Sentiment Signal: Buy

Current Market Cap: A$246.2M

For detailed information about MYG stock, go to TipRanks’ Stock Analysis page.

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