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Steamships Trading Co. Announces Director’s Shareholding Restructuring

Story Highlights
  • Steamships Trading Company Limited announced a change in the indirect interest of its director.
  • The transfer involved 5,760,000 shares and did not alter the director’s overall stake.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Steamships Trading Co. Announces Director’s Shareholding Restructuring

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Steamships Trading Co. Ltd. ( (AU:SST) ) has provided an announcement.

Steamships Trading Company Limited announced a change in the indirect interest of its director, Louise Marion Bromley. The change involved the transfer of 5,760,000 shares from Berne No 132 Nominees Pty Ltd to Bromley Investment Fund Pte Ltd, both of which are associated with the director. This off-market trade did not alter the total number of shares held by the director, indicating a restructuring of shareholding entities rather than a change in the director’s overall stake.

More about Steamships Trading Co. Ltd.

Average Trading Volume: 32

Technical Sentiment Signal: Buy

Current Market Cap: A$418.6M

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

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