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Sports Entertainment Group Limited ( (AU:SEG) ) has shared an announcement.
Sports Entertainment Group Limited announced a change in the director’s interest, specifically involving Craig Hutchison. The change involved the conversion of 787,889 performance rights into ordinary shares, which are now held by the Sports Entertainment Group Employee Share Trust on behalf of Craig Hutchison Media Pty Ltd. This adjustment reflects a strategic move in the company’s equity distribution, potentially impacting shareholder value and aligning executive interests with company performance.
The most recent analyst rating on (AU:SEG) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Sports Entertainment Group Limited stock, see the AU:SEG Stock Forecast page.
More about Sports Entertainment Group Limited
Sports Entertainment Group Limited operates in the sports and entertainment industry, focusing on media and broadcasting services. The company is involved in providing sports-related content and entertainment experiences, catering to a diverse audience interested in sports media.
Average Trading Volume: 20,814
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$96.9M
Learn more about SEG stock on TipRanks’ Stock Analysis page.