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Sims Limited Rectifies Oversight in Director’s Interest Reporting

Story Highlights
  • Sims Limited reported changes in director’s interests, including exercised options and granted shares.
  • The company addressed an oversight in documentation, ensuring compliance with ASX rules.
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Sims Limited Rectifies Oversight in Director’s Interest Reporting

Confident Investing Starts Here:

Sims ( (AU:SGM) ) has issued an update.

Sims Limited has reported a change in director’s interest, specifically involving the exercise and sale of options by Mr. Mikkelson, alongside the grant of performance shares and the lapse of certain options. The company acknowledged an administrative oversight in lodging the required documentation with the ASX but has since rectified the situation. Sims Limited assures stakeholders of its compliance with ASX Listing Rules through its Securities Trading Policy, which governs the notification of changes in interests.

More about Sims

Sims Limited operates in the recycling industry, focusing on metal and electronics recycling services. The company is known for its commitment to sustainability and resource recovery, serving a global market with operations across multiple countries.

Average Trading Volume: 414,239

Technical Sentiment Signal: Buy

Current Market Cap: A$2.86B

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

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