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Webcentral Ltd ( (AU:5GN) ) has issued an update.
Webcentral Ltd has notified the ASX of a change in director Joseph Demase’s indirect interests, following the lapse of 5 million performance rights held via entities he controls, including J D Management Group Pty Ltd, Studio Incorporate Pty Ltd, 5GN Cloud Pte Ltd and JMD Superannuation Fund. The lapse, which occurred on 18 December 2025 in accordance with the rights’ terms of issue and without consideration, reduces Demase’s holding from 35 million to 30 million performance rights while leaving his 48,668,719 ordinary shares unchanged, signalling an adjustment to his performance-based exposure rather than a trade or disposal of equity and with no impact disclosed on existing contractual interests.
The most recent analyst rating on (AU:5GN) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on Webcentral Ltd stock, see the AU:5GN Stock Forecast page.
More about Webcentral Ltd
5G Networks Limited, now operating as Webcentral Ltd, is an Australian telecommunications and cloud services provider, offering data centre, cloud, managed services and network solutions to business and enterprise customers across the country.
Average Trading Volume: 348,582
Technical Sentiment Signal: Sell
Current Market Cap: A$36.17M
For a thorough assessment of 5GN stock, go to TipRanks’ Stock Analysis page.