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Webjet Appoints New Director With Significant Indirect Shareholding

Story Highlights
  • Webjet has appointed Gary Hilton Weiss as a director effective 1 May 2026, formalizing a key board change.
  • Weiss holds no direct Webjet shares but has large indirect interests via investment trusts, shaping ownership dynamics.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Webjet Appoints New Director With Significant Indirect Shareholding

Meet Samuel – Your Personal Investing Prophet

Webjet Group Limited ( (AU:WJL) ) has issued an announcement.

Webjet Group Limited has appointed Gary Hilton Weiss as a director effective 1 May 2026, and has lodged an initial director’s interest notice detailing his holdings. Weiss does not hold Webjet securities directly, but has significant indirect interests totaling more than 71 million shares through Portfolio Services Unit Trust and Oceania Trust under a co-operation agreement between the two investment entities.

The filing clarifies that Weiss has no interests in any contracts related to Webjet securities at this time, focusing solely on his indirect shareholdings. This disclosure formalizes the governance change and highlights the substantial indirect stake associated with the new director, which may be relevant to shareholders assessing future board influence and ownership dynamics.

The most recent analyst rating on (AU:WJL) stock is a Hold with a A$0.62 price target. To see the full list of analyst forecasts on Webjet Group Limited stock, see the AU:WJL Stock Forecast page.

More about Webjet Group Limited

Webjet Group Limited operates in the online travel services industry, providing digital platforms that facilitate the booking and management of travel-related products. The company focuses on leveraging technology and partnerships to deliver travel solutions across its chosen markets, positioning itself within the broader travel and tourism sector.

Average Trading Volume: 943,928

Technical Sentiment Signal: Sell

Current Market Cap: A$206.1M

Find detailed analytics on WJL stock on TipRanks’ Stock Analysis page.

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