Sandon Capital Director Reorganizes Shareholdings

Sandon Capital Investments Limited (AU:SNC) has released an update.

Sandon Capital Investments Limited has disclosed a change in the interest of director Peter Velez, involving an off-market transfer of 133,445 ordinary shares. The transfer, valued at $106,756, was part of a re-organization that shifted the shares from a family trust to a self-managed superannuation fund, both associated with Mr. Velez. Despite the change, Mr. Velez maintains a relevant interest in the shares, which are now held by a custodian that will not exercise voting rights.

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