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Solvar Limited Announces Change in Director’s Interest

Story Highlights
  • Solvar Limited focuses on employee share plans in the financial services industry.
  • Director Scott Baldwin’s performance rights lapsed due to unmet conditions, affecting his indirect interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Solvar Limited Announces Change in Director’s Interest

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Money3 Corporation Limited ( (AU:SVR) ) has provided an update.

Solvar Limited announced a change in the director’s interest notice, specifically regarding Scott Baldwin’s indirect interests. The change involved the lapse of 456,668 performance rights under the Employee Incentive Plan due to unmet performance conditions, reducing the total indirect rights held. This adjustment reflects the company’s adherence to performance-based incentives and could impact stakeholders’ perception of management’s alignment with company performance goals.

The most recent analyst rating on (AU:SVR) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Money3 Corporation Limited stock, see the AU:SVR Stock Forecast page.

More about Money3 Corporation Limited

Solvar Limited operates in the financial services industry, focusing on providing employee share plans and related financial products. The company is involved in managing and facilitating employee incentives through share plans, which are integral to its market offerings.

Average Trading Volume: 271,962

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$296.3M

For a thorough assessment of SVR stock, go to TipRanks’ Stock Analysis page.

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