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Wrkr Director’s Indirect Interests Unchanged as PaidRight Acquisition Proceeds

Story Highlights
  • Wrkr reports no change in director Trent Lund’s indirect shareholdings held through associated entities.
  • Lund-linked entities own 18.2% of PaidRight and will receive new Wrkr shares under its acquisition deal.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Wrkr Director’s Indirect Interests Unchanged as PaidRight Acquisition Proceeds

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The latest announcement is out from Wrkr Ltd ( (AU:WRK) ).

Wrkr Ltd has disclosed that director Trent Lund’s relevant interest in the company’s securities remains unchanged, with his indirect holdings continuing to be held through several associated entities, including Unlocked Investments Pty Ltd, Digital Niche Investments Pty Limited, and Bond Street Custodians Limited as custodian for Digital Niche Holdings Pty Ltd. The filing also notes that Lund’s associated entities collectively hold about 18.2% of shares in PaidRight Holdings Pty Ltd and are entitled to receive new Wrkr shares as consideration under a Share Purchase Deed for Wrkr’s acquisition of PaidRight, underscoring Lund’s alignment with the transaction and highlighting the director’s indirect economic exposure to the integration of PaidRight into Wrkr’s operations.

The most recent analyst rating on (AU:WRK) stock is a Buy with a A$0.16 price target. To see the full list of analyst forecasts on Wrkr Ltd stock, see the AU:WRK Stock Forecast page.

More about Wrkr Ltd

Wrkr Ltd is an Australian-listed company that provides technology solutions and digital platforms, operating within the financial and employment services ecosystem. The company focuses on software-enabled services that support payroll, employment, and related financial workflows for businesses and their stakeholders.

Average Trading Volume: 1,359,115

Technical Sentiment Signal: Buy

Current Market Cap: A$228M

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

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