Seven West Media Limited (AU:SWM) has released an update.
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Seven West Media Limited has reported a change in Director Michael Malone’s interests, with automatic vesting and granting of Non-Executive Director Share Rights (NED Share Rights) under the company’s NED Equity Plan. Malone’s direct and indirect shareholdings have been adjusted, resulting in an increase in both restricted ordinary shares and newly granted NED Share Rights, all valued based on the recent average share price on the ASX.
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