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MyEco Group lodges late director interest notices and tightens compliance controls

Story Highlights
  • MyEco Group has lodged delayed Appendix 3Y notices correcting historical omissions in director interest disclosures.
  • The company strengthened internal controls to ensure ongoing compliance with ASX rules on timely director transaction reporting.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MyEco Group lodges late director interest notices and tightens compliance controls

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SECOS Group Ltd ( (AU:MCO) ) has shared an announcement.

MyEco Group Ltd has disclosed that it recently lodged a series of delayed Appendix 3Y notices to correct historical omissions in reporting changes to directors’ interests, attributing the late filings to an internal administrative oversight. The company emphasised that the affected instruments, including performance rights, unlisted options and convertible notes issued or expiring between 2022 and 2025 for several directors, had been referenced in earlier Appendix 3G and 3H disclosures, and stated it has reviewed and strengthened its internal compliance processes and controls to ensure ongoing adherence to ASX Listing Rules governing timely director interest disclosures, aiming to reassure investors and the market about governance and transparency standards.

More about SECOS Group Ltd

MyEco Group Ltd (ASX: MCO) is an Australia-based company listed on the ASX, operating in the broader eco-focused and sustainability sector. The company’s securities include ordinary shares, performance rights, unlisted options and convertible notes, reflecting a capital structure that uses a range of equity and equity-linked instruments to incentivise directors and key stakeholders.

Average Trading Volume: 274,854

Technical Sentiment Signal: Hold

Current Market Cap: A$11.47M

See more insights into MCO stock on TipRanks’ Stock Analysis page.

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