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ReadCloud director Cristiano Nicolli increases indirect shareholding

Story Highlights
  • ReadCloud director Cristiano Nicolli, via a family super fund entity, increased his indirect stake in the company through an on-market share purchase.
  • The acquisition of 305,102 shares for about $26,524 lifts Nicolli’s indirect holding to 2,878,585 shares, modestly increasing his exposure without altering other interests or contracts.
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ReadCloud director Cristiano Nicolli increases indirect shareholding

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ReadCloud Ltd. ( (AU:RCL) ) has provided an update.

ReadCloud Limited has disclosed a change in the indirect shareholding of director Cristiano Nicolli, as required under market rules governing director interests. Nicolli holds his interest through Nicolli Family Pty Ltd as trustee for a family superannuation fund, where he is both a director and beneficiary.

On 24 February 2026, Nicolli’s associated entity acquired 305,102 fully paid ordinary shares in ReadCloud via an on-market trade for about $26,524, increasing its holding from 2,573,483 to 2,878,585 shares. The transaction signals a modest increase in the director’s economic exposure to the company but does not indicate any change in contracts or other interests, and no trading occurred during a closed period.

More about ReadCloud Ltd.

ReadCloud Limited is a listed company, but the release provides no description of its industry, products or services, nor any detail on its core markets or operational focus.

Average Trading Volume: 62,469

Technical Sentiment Signal: Sell

Current Market Cap: A$13.36M

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

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