Nine Entertainment Director Boosts Shareholding

Nine Entertainment Co. Holdings Limited (AU:NEC) has released an update.

Michael Sneesby, a Director of Nine Entertainment Co. Holdings Ltd, has increased his direct stake in the company by acquiring 83,115 ordinary shares at a value of $1.34 per share, under the Nine Short Term Incentive Plan. Following the acquisition, Sneesby now directly holds 892,575 ordinary shares and 1,756,700 performance rights. There was no change in the indirect interest, with 81,083 shares still held by his wife.

For further insights into AU:NEC stock, check out TipRanks’ Stock Analysis page.