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PlaySide Studios Director Increases Stake Through Private Placement

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PlaySide Studios Director Increases Stake Through Private Placement

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Playside Studios Ltd ( (AU:PLY) ) has provided an update.

PlaySide Studios Limited has announced a change in the director’s interest, with Cristiano Nicolli acquiring 250,000 fully paid ordinary shares through a private placement. This acquisition, approved by shareholders at the recent AGM, increases Nicolli’s total holdings to 929,019 shares, reflecting a strategic move to strengthen his investment in the company.

The most recent analyst rating on (AU:PLY) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Playside Studios Ltd stock, see the AU:PLY Stock Forecast page.

More about Playside Studios Ltd

PlaySide Studios Limited operates in the gaming industry, focusing on the development and publishing of video games. The company is known for its interactive entertainment products and aims to capture a significant share of the gaming market.

Average Trading Volume: 327,485

Technical Sentiment Signal: Hold

Current Market Cap: A$101.7M

Learn more about PLY stock on TipRanks’ Stock Analysis page.

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