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PhosCo Ltd Announces Director’s Interest Change

Story Highlights
  • PhosCo Ltd reports a change in director Tarecq Elias Aldaoud’s interests.
  • The director’s indirect holdings increased significantly through conversions and acquisitions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
PhosCo Ltd Announces Director’s Interest Change

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PhosCo Ltd ( (AU:PHO) ) has shared an announcement.

PhosCo Ltd has announced a change in the director’s interest, specifically concerning Tarecq Elias Aldaoud. The changes involve the conversion of 450,000 converting notes into fully paid ordinary shares, the acquisition of unlisted options, and participation in a sub-underwriting of an entitlement offer. This adjustment reflects a significant increase in the director’s indirect holdings, potentially impacting the company’s governance and shareholder dynamics.

More about PhosCo Ltd

Average Trading Volume: 143,529

Technical Sentiment Signal: Sell

Current Market Cap: A$23.67M

Find detailed analytics on PHO stock on TipRanks’ Stock Analysis page.

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