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An announcement from Southern Cross Media Group Limited ( (AU:SXL) ) is now available.
Southern Cross Media Group Limited has notified the ASX that director Jeffrey Howard ceased to be a director of the company on 23 February 2026, triggering a final disclosure of his interests under regulatory requirements. The filing reports that Howard directly holds 553,843 ordinary shares and 412,902 restricted ordinary shares in the company, and that he has no indirect holdings or interests in contracts, providing clarity to investors on his residual equity stake following his departure from the board.
The disclosure underscores the company’s compliance with corporate governance and transparency obligations under ASX listing rules and the Corporations Act. By detailing Howard’s remaining shareholdings and confirming the absence of related contractual interests, Southern Cross Media offers stakeholders a clear view of changes in its board composition and associated ownership structure at the director level.
The most recent analyst rating on (AU:SXL) stock is a Hold with a A$0.75 price target. To see the full list of analyst forecasts on Southern Cross Media Group Limited stock, see the AU:SXL Stock Forecast page.
More about Southern Cross Media Group Limited
Southern Cross Media Group Limited is an Australian media company listed on the ASX, operating in the broadcasting and media sector. The group’s core activities typically include radio and related media services aimed at audiences and advertisers across Australian markets, positioning it as a significant participant in the national media landscape.
Average Trading Volume: 848,688
Technical Sentiment Signal: Sell
Current Market Cap: A$318.4M
Learn more about SXL stock on TipRanks’ Stock Analysis page.