Jaxsta Limited Announces Director’s Shareholding Change in Vinyl Group Ltd
Jaxsta Limited (AU:VNL) has announced a significant change in director Ben Katovsky's shareholding in Vinyl Group Ltd, reducing his indirect stake from 6,578,947 to 3,078,947 ordinary shares due to a sale. The number of unquoted options remains unchanged. This shift may affect the company's governance and investor sentiment. Jaxsta's current market cap is A$138.5M, with a year-to-date price performance of 10.0% and an average trading volume of 937,872.
The latest announcement is out from Jaxsta Limited ( (AU:VNL) ).
Jaxsta Limited has announced a change in the director’s interest notice for Vinyl Group Ltd, a company involved in the music industry. The notice details a significant reduction in the number of ordinary shares held indirectly by Ben Katovsky, a director, due to the sale of shares. This change reflects a decrease in his stake from 6,578,947 ordinary shares to 3,078,947, while maintaining the same number of unquoted options. This development may impact the company’s governance and shareholder dynamics, potentially influencing investor sentiment and market perception.
More about Jaxsta Limited
YTD Price Performance: 10.0%
Average Trading Volume: 937,872
Technical Sentiment Signal: Buy
Current Market Cap: A$138.5M
For an in-depth examination of VNL stock, go to TipRanks’ Stock Analysis page.
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