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Pacific Edge Directors Adjust Holdings Through Placement and Share Transfer

Story Highlights
  • Pacific Edge disclosed updated director shareholdings, reflecting recent insider trades.
  • Director Bryan Williams bought placement shares while Anatole Masfen reduced trust-held stake.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pacific Edge Directors Adjust Holdings Through Placement and Share Transfer

Meet Samuel – Your Personal Investing Prophet

Pacific Edge Limited ( (NZ:PEB) ) has issued an announcement.

Pacific Edge has reported changes in the shareholdings of two of its directors, in line with ongoing disclosure requirements under New Zealand’s Financial Markets Conduct Act. The filings detail movements in ordinary shares held directly and through associated entities, providing investors with updated visibility on insider positions.

Director Bryan Williams increased his beneficial holding by 237,647 ordinary shares for a cash consideration of NZ$40,400, via participation in a recent placement by the company. Fellow director Anatole Masfen, a beneficiary of the Opito Trust, saw a reduction of 1,000,000 shares held on his behalf after a transfer to a related party for NZ$0.10 per share, while retaining substantial exposure through remaining holdings.

More about Pacific Edge Limited

Pacific Edge Limited is a New Zealand-listed company, with its shares traded on the NZX and ASX. The company operates in the healthcare and biotechnology sector, although this disclosure focuses on governance and shareholding rather than its specific products or markets.

Average Trading Volume: 830,870

Technical Sentiment Signal: Buy

Current Market Cap: N$328.2M

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

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