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State Gas Ltd. ( (AU:GAS) ) has issued an announcement.
State Gas Limited has disclosed a change in Managing Director Doug McAlpine’s interests in the company’s securities, reflecting adjustments to his indirect shareholding and direct performance rights. Following the vesting of Managing Director performance rights, McAlpine’s indirect holding increased by 1,125,000 ordinary shares via a related family trust, while his direct performance rights decreased by 1,375,000, leaving him with 1,285,475 ordinary shares indirectly and 2,125,000 performance rights directly, a move that aligns his remuneration more closely with shareholder outcomes without any cash consideration involved.
The most recent analyst rating on (AU:GAS) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on State Gas Ltd. stock, see the AU:GAS Stock Forecast page.
More about State Gas Ltd.
Average Trading Volume: 779,184
Technical Sentiment Signal: Sell
Current Market Cap: A$10.61M
See more insights into GAS stock on TipRanks’ Stock Analysis page.