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Neurizon Therapeutics Director Marcus Hughes Increases Shareholding

Story Highlights
  • Neurizon Therapeutics director Marcus Hughes has acquired 750,000 new shares at $0.08 each.
  • Following the purchase, Hughes’ direct and indirect holdings rise, underscoring stronger alignment with shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Neurizon Therapeutics Director Marcus Hughes Increases Shareholding

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Pharmaust Limited ( (AU:NUZ) ) just unveiled an announcement.

Neurizon Therapeutics director Marcus Hughes has increased his equity stake in the company through the on-market purchase of 750,000 fully paid ordinary shares at $0.08 per share, for a total consideration of $60,000. Following the transaction, Hughes directly holds 13,110,746 fully paid ordinary shares and 600,000 unlisted options exercisable at $0.20 each by 30 June 2032, in addition to indirect holdings via a family superannuation fund and his spouse, signalling continued personal financial commitment and alignment of interests with other shareholders.

The most recent analyst rating on (AU:NUZ) stock is a Buy with a A$0.28 price target. To see the full list of analyst forecasts on Pharmaust Limited stock, see the AU:NUZ Stock Forecast page.

More about Pharmaust Limited

Neurizon Therapeutics Limited is a life sciences company operating in the biotechnology and therapeutics sector, focused on developing pharmaceutical treatments. The company is listed on the ASX and its shareholder base includes directors and their related entities, reflecting typical ownership and governance structures for an early- to mid-stage biotech company.

Average Trading Volume: 485,543

Technical Sentiment Signal: Sell

Current Market Cap: A$61.98M

See more data about NUZ stock on TipRanks’ Stock Analysis page.

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