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Terragen Holdings Ltd ( (AU:TGH) ) has provided an announcement.
Terragen Holdings has disclosed a significant change in the shareholding of director Scobie Dickinson Ward, whose indirect interest is held through Citicorp Nominees Pty Ltd as nominee. Following a transaction dated 30 March 2026, Ward acquired 102,272,727 fully paid ordinary shares for $2.25 million via an institutional placement.
The acquisition lifts Ward’s indirect holding from 174,804,815 to 277,077,542 shares, marking a substantial increase in director alignment with shareholders. This heightened stake through the institutional placement underscores confidence in Terragen’s prospects and may be viewed positively by investors monitoring insider ownership trends.
The most recent analyst rating on (AU:TGH) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Terragen Holdings Ltd stock, see the AU:TGH Stock Forecast page.
More about Terragen Holdings Ltd
Terragen Holdings Limited is a listed company on the ASX, operating within the Australian corporate sector and subject to Australian Corporations Act disclosure requirements. The company has a significant shareholder base and its securities include fully paid ordinary shares, with directors holding substantial interests via nominee structures.
Average Trading Volume: 224,539
Technical Sentiment Signal: Sell
Current Market Cap: A$13.26M
For an in-depth examination of TGH stock, go to TipRanks’ Overview page.