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Symal Group Corrects Director’s Shareholding Disclosure

Story Highlights
  • Symal Group Limited corrects an error in the shareholding disclosure of Director Shane Gannon.
  • The correction ensures transparency and compliance with ASX regulations, maintaining stakeholder trust.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Symal Group Corrects Director’s Shareholding Disclosure

Elevate Your Investing Strategy:

Symal Group Limited ( (AU:SYL) ) has provided an update.

Symal Group Limited announced a correction to the Initial Director’s Interest Notice for Mr. Shane Gannon, revealing an understatement in the number of shares he holds. Mr. Gannon had subscribed for 108,108 ordinary shares under the IPO Priority Offer, which were inadvertently omitted from the original document. This correction ensures transparency and accuracy in the company’s disclosures, which is crucial for maintaining stakeholder trust and compliance with ASX regulations.

More about Symal Group Limited

Symal Group Limited is a Melbourne-based company specializing in civil infrastructure. It offers a wide range of services, including contracting, plant and equipment hire, material sales and recycling, and remediation services. The company operates through a vertically integrated project delivery model and provides end-to-end civil construction solutions across the entire project lifecycle through its four main brands: Symal, Sycle, Unyte, and Wamarra. Symal was founded in 2001 and is listed on the Australian Securities Exchange.

YTD Price Performance: -4.12%

Average Trading Volume: 138,677

Current Market Cap: A$354.2M

See more insights into SYL stock on TipRanks’ Stock Analysis page.

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