AUS
NZ
UK
CA
USA
IND
On 26 June 2026, Prophecy International Holdings Limited (ASX:PRO) announced a change in director David Keith Collins's relevant interests following his on-market acquisition of 90,000 ordinary shares. The purchase, executed via the Collins Millar super fund, raised Collins's indirect holding from 10,537,018 to 10,627,018 ordinary shares. Such director share acquisitions are closely monitored by investors as indicators of insider confidence, and this transaction was confirmed to have taken place outside any restricted trading periods.<\/p> <\/div>
Key Points<\/h3>
- Company: Prophecy International Holdings Limited (ASX:PRO)<\/li>
- Director David Keith Collins acquired 90,000 ordinary shares on-market on 26 June 2026<\/li>
- Shares purchased through the Collins Millar Super Fund for a total of $7,163.01<\/li>
- Indirect ordinary shareholding increased from 10,537,018 to 10,627,018 shares<\/li>
- Collins also holds 3,500,000 options via the Collins Millar family trust<\/li>
- The transaction occurred outside a closed trading period and required no prior written clearance<\/li>
- Further director buying activity may be observed as a sign of board-level sentiment<\/li>
<\/ul>
<\/div>
David Collins Boosts Prophecy International Holdings Stake Through Super Fund Purchase<\/h2>
Director David Keith Collins expanded his indirect holdings in Prophecy International Holdings by acquiring 90,000 ordinary shares on 26 June 2026, as detailed in a Change of Director's Interest Notice filed with the ASX. The acquisition was made on-market via the Collins Millar Super Fund, one of several entities through which Collins holds shares in the company.<\/p>
The total consideration for the shares was $7,163.01, equating to an approximate average price of $0.0796 per share, although the precise per-share price was not independently disclosed. No shares were sold during this transaction, marking a straightforward increase in Collins's indirect equity exposure to Prophecy International.<\/p>
Structure of Collins's Holdings: Super Fund and Family Trust Entities<\/h2>
The disclosure reveals that Collins's interests in Prophecy International are held indirectly across multiple entities and related parties. Following the purchase, the Collins Millar Super Fund holds 6,108,300 ordinary shares. The Collins Millar Family Trust owns 3,500,000 options and 4,510,418 ordinary shares. Additionally, Grace Collins and Max Collins hold 4,000 and 4,300 ordinary shares respectively, all contributing to the director's notifiable interest under the Corporations Act.<\/p>
This multi-layered ownership structure is typical among Australian directors and executives, where superannuation funds and family trusts serve as vehicles for long-term investment. The use of a self-managed super fund for this purchase aligns with a long-term investment strategy, given superannuation capital is generally subject to withdrawal restrictions and intended for retirement savings.<\/p>
Incremental Increase from 10,537,018 to 10,627,018 Shares<\/h2>
Before the 26 June 2026 transaction, Collins held 10,537,018 ordinary shares indirectly. The acquisition of 90,000 shares raised his total to 10,627,018, representing a modest increase of less than one percent but demonstrating a deliberate decision to augment his stake at prevailing market prices.<\/p>
Combined with the 3,500,000 options held through the Collins Millar Family Trust, Collins's fully diluted economic interest in Prophecy International could be significantly larger if those options are exercised. The filing did not disclose the exercise price or expiry date of these options, so their current value cannot be determined from this notice.<\/p>
On-Market Acquisition Reflects Purchase at Market Price<\/h2>
The transaction was conducted on-market, meaning shares were bought through the Australian Securities Exchange at prevailing market prices. On-market trades by directors are often viewed as particularly meaningful since they involve purchasing shares at open market prices without discounts that might be available through placements or rights issues.<\/p>
This contrasts with off-market transfers, option exercises, or dividend reinvestment plans, which may involve prices differing from the market rate. Collins paid the same price as any other investor on the day of the transaction.<\/p>
Trade Occurred Outside Closed Trading Period<\/h2>
The filing confirms that the acquisition did not take place during a closed period requiring prior written clearance. Under ASX Listing Rules and corporate governance best practices, directors typically cannot trade during blackout periods, often preceding financial results or material announcements.<\/p>
The absence of closed period restrictions indicates the transaction occurred during an approved trading window, complying with Prophecy International’s board and compliance policies. This procedural confirmation is a standard but important aspect of director interest disclosures under ASX Listing Rule 3.19A.2.<\/p>
Appendix 3Y Filing Ensures Timely Disclosure of Director Interest Changes<\/h2>
The Appendix 3Y form, mandated by ASX Listing Rule 3.19A.2, requires listed companies to notify the exchange promptly of any changes in a director’s relevant securities interests, both direct and indirect. This ensures market participants have timely access to information on director trading activities.<\/p>
Prophecy International lodged the notice on behalf of Collins, consistent with procedures under section 205G of the Corporations Act 2001. Information submitted to the ASX becomes publicly available via the exchange’s announcements platform, promoting transparency and informed trading.<\/p>
Previous Director Interest Notice Filed in April 2026 Provides Context<\/h2>
The latest filing references Collins’s prior director interest notice dated 17 April 2026, marking this as the first update since then. The roughly ten-week interval between filings suggests no other changes to his holdings occurred during that time, making the 26 June 2026 purchase the sole trigger for this disclosure.<\/p>
Investors monitoring director activity at Prophecy International can use the April 2026 notice as a baseline to track changes in Collins's holdings over time. The company did not provide details of the earlier filing in this update, so a full historical comparison requires consulting that prior document separately.<\/p>
Investor Implications of Director Share Purchase at Prophecy International<\/h2>
Director share acquisitions are one indicator market participants may use to assess insider sentiment about a company’s prospects, though such signals should be considered alongside broader financial, operational, and strategic information. The modest purchase of 90,000 shares at a total cost of $7,163.01 could represent a routine top-up of Collins's long-term holding or a deliberate confidence signal ahead of anticipated developments.<\/p>
Investors may watch for additional director buying activity in coming weeks or months, especially if accompanied by operational or financial updates from Prophecy International. Key upcoming milestones could include scheduled earnings releases or material announcements that provide further insight into the board’s positioning. No immediate share price impact from this director interest change was evident in publicly available information.<\/p>
About Prophecy International Holdings Limited<\/h2>
Prophecy International Holdings Limited is an Australian-listed company with ABN 16 079 971 618, trading on the ASX under the ticker PRO. Beyond this director interest notice, the company did not disclose further operational or financial details in this update.<\/p>
This announcement relates solely to the director’s change in relevant interests as mandated by ASX Listing Rules and the Corporations Act 2001 and does not constitute a trading update, earnings guidance, or operational announcement. Investors seeking comprehensive information on Prophecy International’s business and financial position should consult the company’s latest annual report, financial results, and other material announcements available on the ASX market announcements platform.<\/p>
David Collins Boosts Prophecy International Holdings Stake Through Super Fund Purchase<\/h2>
Director David Keith Collins expanded his indirect holdings in Prophecy International Holdings by acquiring 90,000 ordinary shares on 26 June 2026, as detailed in a Change of Director's Interest Notice filed with the ASX. The acquisition was made on-market via the Collins Millar Super Fund, one of several entities through which Collins holds shares in the company.<\/p>
The total consideration for the shares was $7,163.01, equating to an approximate average price of $0.0796 per share, although the precise per-share price was not independently disclosed. No shares were sold during this transaction, marking a straightforward increase in Collins's indirect equity exposure to Prophecy International.<\/p>
Structure of Collins's Holdings: Super Fund and Family Trust Entities<\/h2>
The disclosure reveals that Collins's interests in Prophecy International are held indirectly across multiple entities and related parties. Following the purchase, the Collins Millar Super Fund holds 6,108,300 ordinary shares. The Collins Millar Family Trust owns 3,500,000 options and 4,510,418 ordinary shares. Additionally, Grace Collins and Max Collins hold 4,000 and 4,300 ordinary shares respectively, all contributing to the director's notifiable interest under the Corporations Act.<\/p>
This multi-layered ownership structure is typical among Australian directors and executives, where superannuation funds and family trusts serve as vehicles for long-term investment. The use of a self-managed super fund for this purchase aligns with a long-term investment strategy, given superannuation capital is generally subject to withdrawal restrictions and intended for retirement savings.<\/p>
Incremental Increase from 10,537,018 to 10,627,018 Shares<\/h2>
Before the 26 June 2026 transaction, Collins held 10,537,018 ordinary shares indirectly. The acquisition of 90,000 shares raised his total to 10,627,018, representing a modest increase of less than one percent but demonstrating a deliberate decision to augment his stake at prevailing market prices.<\/p>
Combined with the 3,500,000 options held through the Collins Millar Family Trust, Collins's fully diluted economic interest in Prophecy International could be significantly larger if those options are exercised. The filing did not disclose the exercise price or expiry date of these options, so their current value cannot be determined from this notice.<\/p>
On-Market Acquisition Reflects Purchase at Market Price<\/h2>
The transaction was conducted on-market, meaning shares were bought through the Australian Securities Exchange at prevailing market prices. On-market trades by directors are often viewed as particularly meaningful since they involve purchasing shares at open market prices without discounts that might be available through placements or rights issues.<\/p>
This contrasts with off-market transfers, option exercises, or dividend reinvestment plans, which may involve prices differing from the market rate. Collins paid the same price as any other investor on the day of the transaction.<\/p>
Trade Occurred Outside Closed Trading Period<\/h2>
The filing confirms that the acquisition did not take place during a closed period requiring prior written clearance. Under ASX Listing Rules and corporate governance best practices, directors typically cannot trade during blackout periods, often preceding financial results or material announcements.<\/p>
The absence of closed period restrictions indicates the transaction occurred during an approved trading window, complying with Prophecy International’s board and compliance policies. This procedural confirmation is a standard but important aspect of director interest disclosures under ASX Listing Rule 3.19A.2.<\/p>
Appendix 3Y Filing Ensures Timely Disclosure of Director Interest Changes<\/h2>
The Appendix 3Y form, mandated by ASX Listing Rule 3.19A.2, requires listed companies to notify the exchange promptly of any changes in a director’s relevant securities interests, both direct and indirect. This ensures market participants have timely access to information on director trading activities.<\/p>
Prophecy International lodged the notice on behalf of Collins, consistent with procedures under section 205G of the Corporations Act 2001. Information submitted to the ASX becomes publicly available via the exchange’s announcements platform, promoting transparency and informed trading.<\/p>
Previous Director Interest Notice Filed in April 2026 Provides Context<\/h2>
The latest filing references Collins’s prior director interest notice dated 17 April 2026, marking this as the first update since then. The roughly ten-week interval between filings suggests no other changes to his holdings occurred during that time, making the 26 June 2026 purchase the sole trigger for this disclosure.<\/p>
Investors monitoring director activity at Prophecy International can use the April 2026 notice as a baseline to track changes in Collins's holdings over time. The company did not provide details of the earlier filing in this update, so a full historical comparison requires consulting that prior document separately.<\/p>
Investor Implications of Director Share Purchase at Prophecy International<\/h2>
Director share acquisitions are one indicator market participants may use to assess insider sentiment about a company’s prospects, though such signals should be considered alongside broader financial, operational, and strategic information. The modest purchase of 90,000 shares at a total cost of $7,163.01 could represent a routine top-up of Collins's long-term holding or a deliberate confidence signal ahead of anticipated developments.<\/p>
Investors may watch for additional director buying activity in coming weeks or months, especially if accompanied by operational or financial updates from Prophecy International. Key upcoming milestones could include scheduled earnings releases or material announcements that provide further insight into the board’s positioning. No immediate share price impact from this director interest change was evident in publicly available information.<\/p>
About Prophecy International Holdings Limited<\/h2>
Prophecy International Holdings Limited is an Australian-listed company with ABN 16 079 971 618, trading on the ASX under the ticker PRO. Beyond this director interest notice, the company did not disclose further operational or financial details in this update.<\/p>
This announcement relates solely to the director’s change in relevant interests as mandated by ASX Listing Rules and the Corporations Act 2001 and does not constitute a trading update, earnings guidance, or operational announcement. Investors seeking comprehensive information on Prophecy International’s business and financial position should consult the company’s latest annual report, financial results, and other material announcements available on the ASX market announcements platform.<\/p>
