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Prophecy International Reveals New Director David Collins’ Significant Shareholdings

Story Highlights
  • Prophecy International named David Collins a director, disclosing his initial securities interests on appointment.
  • Collins and related entities hold substantial Prophecy shares and options, aligning his incentives with shareholders.
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Prophecy International Reveals New Director David Collins’ Significant Shareholdings

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Prophecy International Holdings Ltd ( (AU:PRO) ) has shared an announcement.

Prophecy International Holdings Limited has appointed David Keith Collins as a director effective 15 April 2026, and has disclosed his initial interests in the company’s securities in accordance with ASX listing rules. The filing details substantial indirect holdings in ordinary shares and options held through the Collins Millar Super Fund, the Collins Millar Family Trust, and related family members, indicating a significant aligned ownership stake by the new director and his associates.

These interests include more than six million ordinary shares and several million options via the Collins Millar Super Fund, additional multimillion-share holdings through the family trust, and smaller parcels held by Grace Collins and Max Collins. The concentration of shares and options across these related entities underscores the new director’s material financial exposure to the company’s performance, which may strengthen governance alignment with shareholder interests.

More about Prophecy International Holdings Ltd

Prophecy International Holdings Limited is an Australian listed company, though this notice does not specify its industry or core products. It is traded on the ASX and operates through various shareholder structures, including family trusts and a superannuation fund connected to its directors and related parties.

Average Trading Volume: 186,668

Technical Sentiment Signal: Sell

Current Market Cap: A$7.22M

For detailed information about PRO stock, go to TipRanks’ Stock Analysis page.

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