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Norwood Systems Director Increases Indirect Shareholding

Story Highlights
  • Norwood Systems director Paul Ostergaard acquired 120,000 additional ordinary shares indirectly.
  • The new shares were bought at $0.013 each via a super fund account, increasing his stake.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Norwood Systems Director Increases Indirect Shareholding

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The latest update is out from Norwood Systems Ltd ( (AU:NOR) ).

Norwood Systems Limited has disclosed a change in the indirect security holdings of its director, Mr Paul Ostergaard, through an Appendix 3Y notice to the ASX. The filing reports that, via the Netwealth Investments Limited (Chill Cast Super Fund a/c), Ostergaard acquired 120,000 additional ordinary shares in Norwood Systems on 6 January 2026 at a price of $0.013 per share, incrementally increasing his already substantial indirect stake and signalling continued alignment of the director’s financial interests with the company’s equity performance for existing shareholders.

The most recent analyst rating on (AU:NOR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Norwood Systems Ltd stock, see the AU:NOR Stock Forecast page.

More about Norwood Systems Ltd

Norwood Systems Limited is an Australian-listed company; the filing does not specify its industry, products, or services, and it appears in this notice solely in its capacity as the issuer of the securities in which a director holds an interest.

Average Trading Volume: 611,875

Technical Sentiment Signal: Sell

Current Market Cap: A$7.36M

See more data about NOR stock on TipRanks’ Stock Analysis page.

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