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The latest announcement is out from Reece Limited ( (AU:REH) ).
Reece Limited has disclosed a change in the relevant interests of director Peter Wilson in the company’s securities, as required under ASX listing rules. The notice outlines his direct holdings of shares, options, performance rights, and retention rights, along with substantial indirect interests attributed under Australia’s Corporations Act.
Wilson’s indirect interests arise from his connections to various trusts and investment entities, including those associated with the Two Hills Parties, through a pre-emptive rights agreement. The update, effective 30 March 2026, clarifies the scope of his deemed holdings and enhances transparency for investors regarding the concentration and structure of ownership at board level.
The most recent analyst rating on (AU:REH) stock is a Hold with a A$15.50 price target. To see the full list of analyst forecasts on Reece Limited stock, see the AU:REH Stock Forecast page.
More about Reece Limited
Reece Limited is an Australian company operating in the plumbing and bathroom products sector, supplying pipes, fittings, and related trade products to residential, commercial, and infrastructure markets. The company serves plumbers, contractors, and building professionals through a large distribution network and is a significant player in its domestic market.
YTD Price Performance: 6.67%
Average Trading Volume: 645,102
Technical Sentiment Signal: Hold
Current Market Cap: A$8.76B
See more data about REH stock on TipRanks’ Stock Analysis page.