Quickstep Holdings Limited
Quickstep Holdings Limited (ASX: QHL) came forward and made an announcement regarding the change in the director interest with the help of press release. According to the press release dated January 3, 2019, Mr. Mark Burgess who is one of the Directors of the company, has increased his direct interest in the company and acquired 412,376 shares more. However, the above-mentioned director earlier had 1,174,649 shares. The shares which have been newly acquired happens to be ordinary class shares. As per the press release which was issued, the total consideration which is involved is of $41,650 (Deemed value). It is also important to note that post the acquisition of new shares, Mr. Mark Burgess has 1,587,025 shares.
At the time of writing, the stock is trading at A$0.072 per share and its market capitalisation stood at ~$40.61 million.
L1 Long Short Fund Limited
L1 Long Short Fund Limited (ASX: LSF) had made an announcement related to the changes in the interest of the director via the issuance of the press release. As per the press release dated January 3, 2019, the company had stated that Mr. Raphael Lamm who had a Direct and Indirect interest in the company, had acquired 783,267 ordinary shares via on-market trade. The press release had stated that the total value which is involved happens to be $1,049,925.42.
Let us now have a look at how LSF is performing today. As we write, L1 Long Short Fund Limited is trading in green and the price is A$1.345 per share which implies the rise of A$0.015 per share or 1.128%. The market capitalisation of L1 Long Short Fund Limited is $884.24 million. In the span of previous 1 month, the stock has delivered the return of -7.32%. However, the stock is trading towards the lower level.
Brambles Limited (ASX: BXB) had made an announcement which related to the change in the interests of the directors with the help of the press release. As per the press release dated January 3, 2019, Mr. Graham Andrew Chipchase and Ms. Nessa O’Sullivan had bought 43 ordinary shares (on-market) and the purchasing of these shares have happened with respect to Brambles Limited MyShare Plan. The press release also stated the information about the grant of 43 Conditional Share Rights which have been done under the same plan mentioned above. The consideration which is involved is of $10.25.
Another director named Ms. Nessa O’Sullivan had also bought 43 ordinary shares (on-market) with respect to Brambles Limited MyShare Plan. It was also mentioned that the grant of 43 Conditional Share Rights has also been made with regards to the same plan mentioned. The value is which involved happens to be $10.25. The nature of the interest is indirect. At the time of writing, the stock is trading at A$10.06 per share with the market capitalisation of ~$15.9 Bn.
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