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Spenda Director Francis DeSouza Resigns, Retains Indirect Stake

Story Highlights
  • Spenda Limited director Francis DeSouza ceased his board role on 27 January 2026.
  • DeSouza retains an indirect interest in 37 million Spenda shares via a family investment vehicle.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Spenda Director Francis DeSouza Resigns, Retains Indirect Stake

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Spenda Limited ( (AU:SPX) ) just unveiled an announcement.

Spenda Limited has announced that director Francis DeSouza has ceased to be a director of the company as of 27 January 2026. While DeSouza holds no shares directly, he has an indirect relevant interest in 37 million ordinary shares in Spenda Limited through Baga River Investments Pty Ltd as beneficiary of The De Souza Family Account, indicating that a significant shareholder is stepping down from the board, a move that may be closely watched by investors assessing governance and ownership dynamics.

The most recent analyst rating on (AU:SPX) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Spenda Limited stock, see the AU:SPX Stock Forecast page.

More about Spenda Limited

Technical Sentiment Signal: Sell

Current Market Cap: A$10.84M

For detailed information about SPX stock, go to TipRanks’ Stock Analysis page.

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