3 Companies With Director Stake Changes– QHL, LSF And BXB

  • Jan 03, 2019 AEDT
  • Team Kalkine
3 Companies With Director Stake Changes– QHL, LSF And BXB

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

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.


Disclaimer

This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.

 

All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK