SiteMinder Director Sells Shares Worth $85.4M

SiteMinder Limited (AU:SDR) has released an update.

Leslie Szekely, a director at SiteMinder Limited, has made a significant change to their interest in the company by selling 14,000,000 shares at $6.10 per share, totaling $85.4 million. This substantial transaction, conducted on-market, has reduced Szekely’s holding to 1,549,072 fully paid ordinary shares. The financial move by a key member of SiteMinder’s board could signal important shifts within the company’s internal dynamics.

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