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PointsBet Director’s Interest Update Amid MIXI Agreement

Story Highlights
  • PointsBet Holdings operates in sports betting, offering advanced wagering services.
  • Director Manjit Gombra-Singh’s 100,000 options were canceled under the MIXI agreement.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
PointsBet Director’s Interest Update Amid MIXI Agreement

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PointsBet Holdings ( (AU:PBH) ) has shared an announcement.

PointsBet Holdings Limited announced a change in the director’s interest, specifically the cancellation of 100,000 unlisted options held by Director Manjit Gombra-Singh. This change was executed with no consideration as part of the MIXI Bid Implementation Agreement, following the unconditional declaration of the MIXI offer. The cancellation reflects a strategic adjustment in the company’s operations, potentially impacting its governance and financial structuring.

The most recent analyst rating on (AU:PBH) stock is a Hold with a A$1.25 price target. To see the full list of analyst forecasts on PointsBet Holdings stock, see the AU:PBH Stock Forecast page.

More about PointsBet Holdings

PointsBet Holdings Limited operates in the sports betting and gaming industry, providing innovative wagering products and services. The company focuses on delivering a premium betting experience through its advanced technology platform, catering to a diverse market of sports enthusiasts and bettors.

Average Trading Volume: 1,102,375

Technical Sentiment Signal: Buy

Current Market Cap: A$438M

For a thorough assessment of PBH stock, go to TipRanks’ Stock Analysis page.

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