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Radius Director Bret Jackson Trims Stake in Aged-Care Operator

Story Highlights
  • Independent director Bret Jackson, via Takatimu Investments, sold 400,000 Radius Residential Care shares, reducing his holding to 4,217,783.
  • The $163,592 disposal, completed on 18 May 2026 outside a closed period, updates investors on insider holdings without indicating a strategic shift.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Meet Samuel – Your Personal Investing Prophet

The latest announcement is out from Radius Residential Care Ltd ( (NZ:RAD) ).

Radius Residential Care has disclosed changes in the shareholding of independent director Bret Paul Jackson, reflecting routine governance transparency in New Zealand’s listed aged-care sector. Jackson, through related entity Takatimu Investments Limited, has reduced his holding in Radius by 400,000 ordinary shares, cutting the stake from 4,617,783 to 4,217,783 shares.

The disposal, executed on 18 May 2026 via three transactions totalling $163,592, was conducted outside any closed trading period under the company’s share dealing policy. While the filing does not signal any strategic shift by Radius, it updates stakeholders on director equity alignment and may be watched by investors who track insider transactions as a sentiment and governance indicator.

More about Radius Residential Care Ltd

Radius Residential Care Limited operates in the aged-care sector, providing residential care services for elderly and high-needs patients in New Zealand. The company focuses on long-term care facilities and related health support services, positioning itself within the listed healthcare and retirement care market on the NZX.

Average Trading Volume: 258,243

Technical Sentiment Signal: Buy

Current Market Cap: N$113.4M

For an in-depth examination of RAD stock, go to TipRanks’ Overview page.

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