Pepper Money updates market on director Mario Rehayem’s revised equity holdings

Pepper Money Ltd ( (AU:PPM) ) just unveiled an announcement.

Pepper Money Limited has disclosed a change in the interests of its director, Mario Rehayem, involving a rebalancing between performance-based rights and fully paid ordinary shares. The notice details that 764,560 vested executive performance rights and 172,220 unrestricted STIP restricted rights were converted at nil consideration into 936,780 fully paid ordinary shares, altering the mix but not indicating any cash transaction.

The filing also outlines Rehayem’s indirect holdings through GIMAR Superfund Pty Ltd and his wife, Denise Aoun, who holds both ordinary shares in Pepper Money and tracker shares in related entity Pepper Global TopCo Limited. These cross-holdings underscore the concentrated alignment of the director’s interests with the group’s equity structure, providing investors with updated transparency on governance and ownership dynamics within the Pepper Money group.

The most recent analyst rating on (AU:PPM) stock is a Buy with a A$2.50 price target. To see the full list of analyst forecasts on Pepper Money Ltd stock, see the AU:PPM Stock Forecast page.

More about Pepper Money Ltd

Pepper Money Limited is a non-bank lender operating in the financial services industry, focused on providing mortgage and consumer lending solutions. The company serves a broad range of borrowers, often targeting segments that may be underserved by traditional banks, and is part of a wider corporate structure that includes Pepper Global TopCo Limited.

Average Trading Volume: 408,361

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$992.7M

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