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Motorcycle Holdings Ltd. ( (AU:MTO) ) has provided an announcement.
MotorCycle Holdings Ltd announced a change in the shareholding of its Chief Operations Officer and Executive Director, Michael Poynton. Mr. Poynton sold 891,211 shares at $2.20 per share, representing 1.22% of the company’s issued capital, to fund a personal property purchase. Despite this sale, he retains a significant stake in the company and remains committed to its long-term growth. The company assured compliance with its Securities Trading Policy and continuous disclosure obligations.
More about Motorcycle Holdings Ltd.
MotorCycle Holdings Ltd operates in the automotive industry, focusing on the sale of motorcycles and related services. The company is listed on the Australian Securities Exchange (ASX) and is known for its comprehensive range of motorcycle brands and accessories, catering to a diverse market of motorcycle enthusiasts.
YTD Price Performance: 25.41%
Average Trading Volume: 44,222
Technical Sentiment Signal: Sell
Current Market Cap: A$167.5M
For detailed information about MTO stock, go to TipRanks’ Stock Analysis page.