Supply Network Director Increases Stake

Supply Network Limited (AU:SNL) has released an update.

Supply Network Limited has announced a change in the holdings of director Mr. R D Fraser as per the latest Appendix 3Y filing. Fraser has increased his stake in the company, acquiring an additional 3,294 ordinary shares through the dividend reinvestment plan, indicating a potential boost in confidence in the company’s performance. The transaction, valued at AUD 20.00 per share, raises Fraser’s total direct and indirect shareholding to 82,142 and 120,850 ordinary shares respectively.

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