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Ridley Director Increases Indirect Shareholding via Fee-for-Share Election

Story Highlights
  • Ridley director Rhys Jones increased his indirect shareholding by 4,022 shares.
  • The additional shares were taken as fees in equity, signalling alignment with shareholder interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ridley Director Increases Indirect Shareholding via Fee-for-Share Election

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Ridley Corporation Limited ( (AU:RIC) ) has shared an update.

Ridley Corporation has disclosed a change in director Rhys Jones’s holdings, with the director indirectly acquiring 4,022 ordinary shares on 16 March 2026. The shares were obtained through an election to receive equity in lieu of part of his director’s fees, increasing his total indirect holding to 162,319 shares.

The transaction, valued at $11,500, was conducted via a joint account in which Jones has a beneficial interest, and there were no disposals of securities or related contract changes. The company noted that the trade did not occur during a closed period, indicating standard compliance with ASX disclosure and governance requirements.

The most recent analyst rating on (AU:RIC) stock is a Buy with a A$3.52 price target. To see the full list of analyst forecasts on Ridley Corporation Limited stock, see the AU:RIC Stock Forecast page.

More about Ridley Corporation Limited

Ridley Corporation Limited is an Australian-listed company that operates in the agribusiness and animal nutrition sector. The company is involved in producing and supplying feed and related products to livestock and agricultural markets, supporting food and livestock supply chains across Australia.

Average Trading Volume: 604,369

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1B

See more data about RIC stock on TipRanks’ Stock Analysis page.

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