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Tasmea director Stephen Young updates shareholdings via DRP and internal transfer

Story Highlights
  • Tasmea director Stephen Young increased his direct and indirect shareholdings mainly through the FY26 dividend reinvestment plan.
  • A large off‑market share transfer between Young’s associated entities changed registered holdings but not his overall beneficial ownership.
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Tasmea director Stephen Young updates shareholdings via DRP and internal transfer

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Tasmea Ltd. ( (AU:TEA) ) has provided an update.

Tasmea director Stephen Elliott Young has updated the market on changes to his relevant interests in the company’s ordinary shares, largely driven by participation in the FY26 interim dividend reinvestment plan. The transactions increased his direct and indirect holdings, with shares allocated to his personal account and to entities associated with his superannuation and family trust.

The filing also records an off‑market transfer of 12.5 million shares between Young’s associated entities, Port Tack Pty Ltd and Maresa Pty Ltd, which involved no cash consideration and did not alter ultimate beneficial ownership. The company confirmed there were no trades during a closed period that required prior written clearance, suggesting the changes are administrative rather than a shift in Young’s economic exposure to Tasmea.

The most recent analyst rating on (AU:TEA) stock is a Buy with a A$5.25 price target. To see the full list of analyst forecasts on Tasmea Ltd. stock, see the AU:TEA Stock Forecast page.

More about Tasmea Ltd.

Tasmea Limited is an Australian-listed company, though this notice focuses solely on director shareholdings rather than its operating activities. The disclosure relates to equity interests held by director Stephen Elliott Young across his personal account and related entities, as required under ASX listing rules for director interests.

Average Trading Volume: 712,479

Technical Sentiment Signal: Buy

Current Market Cap: A$1.25B

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

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