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Wagners Clarifies Denis Wagner’s Share Interests After Family Share Sales

Story Highlights
  • Wagners filed an Appendix 3Y updating Denis Wagner’s direct and indirect share interests.
  • The company clarified Denis Wagner’s direct holdings were unchanged despite family share sales.
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Wagners Clarifies Denis Wagner’s Share Interests After Family Share Sales

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Wagners Holding Co. Ltd. ( (AU:WGN) ) just unveiled an update.

Wagners Holding Company Limited has lodged an Appendix 3Y Change of Director’s Interest Notice for director Denis Wagner with the ASX. The notice clarifies that the filing is connected to the recent share sales by Neill and Joseph Wagner and confirms it does not involve any sale of Denis Wagner’s direct shareholdings, outlining his current direct and indirect interests in the company’s ordinary shares.

The update provides transparency to the market on the director’s relevant interests following the earlier disclosure of family-related share transactions. By distinguishing Denis Wagner’s unchanged direct holdings from those sold by related parties, the company seeks to maintain clarity for investors regarding insider ownership and governance oversight.

The most recent analyst rating on (AU:WGN) stock is a Buy with a A$5.00 price target. To see the full list of analyst forecasts on Wagners Holding Co. Ltd. stock, see the AU:WGN Stock Forecast page.

More about Wagners Holding Co. Ltd.

Wagners Holding Company Limited is a diversified Australian construction materials and services provider and producer of new generation building materials. Founded in 1989 in Toowoomba, Queensland and now ASX-listed, it operates domestically and internationally, supplying cement, concrete, aggregates, composite products, transport services, precast concrete and reinforcing steel, with a focus on reducing the environmental impact of heavy construction materials.

Average Trading Volume: 892,933

Technical Sentiment Signal: Buy

Current Market Cap: A$862.8M

For an in-depth examination of WGN stock, go to TipRanks’ Overview page.

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