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Articore Group Limited Announces Director’s Interest Changes

Story Highlights
  • Articore Group Limited reports changes in director Robin Mendelson’s securities holdings.
  • The changes involve Restricted Stock Units issued in lieu of cash fees, subject to service conditions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Articore Group Limited Announces Director’s Interest Changes

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Articore Group Limited ( (AU:ATG) ) has shared an update.

Articore Group Limited has announced a change in the director’s interest notice for Robin Mendelson. The changes include the acquisition of 543,508 Restricted Stock Units and 32,576 fully paid ordinary shares, while 32,576 Restricted Stock Units were disposed of due to vesting. These changes are part of a compensation structure where Restricted Stock Units are issued in lieu of cash director fees, subject to continued service, and are aligned with shareholder approval from the 2024 AGM.

The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.

More about Articore Group Limited

Average Trading Volume: 219,617

Technical Sentiment Signal: Hold

Current Market Cap: A$95.03M

Learn more about ATG stock on TipRanks’ Stock Analysis page.

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