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RPM Automotive Director Reduces Shareholding in Off-Market Transaction

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RPM Automotive Director Reduces Shareholding in Off-Market Transaction

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The latest announcement is out from RPM Automotive Group Ltd. ( (AU:RPM) ).

RPM Automotive Group Limited has disclosed a change in director Clive Finkelstein’s relevant interest in the company’s shares, following an off-market sale associated with minority shareholders in RPM Australasia Pty Ltd and RPM Worldwide Group Pty Ltd. Finkelstein’s holding of fully paid ordinary shares decreased by 529,291 to 35,969,599 shares, for consideration of $29,640, with the company confirming that the trades did not occur during a closed period requiring prior written clearance, indicating a routine adjustment to his equity position rather than a governance or compliance issue.

The most recent analyst rating on (AU:RPM) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on RPM Automotive Group Ltd. stock, see the AU:RPM Stock Forecast page.

More about RPM Automotive Group Ltd.

RPM Automotive Group Limited is an Australian-listed company operating in the automotive sector, with activities spanning various parts of the automotive market through a network of related entities, including RPM Worldwide Group and RPM Australasia. Its structure involves multiple subsidiaries and associated companies in which directors and related parties hold interests.

Average Trading Volume: 496,156

Technical Sentiment Signal: Sell

Current Market Cap: A$15.26M

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

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