Australis Director Adjusts Stake in Company

Australis Oil & Gas Ltd. (AU:ATS) has released an update.

Australis Oil & Gas Limited has reported a change in the holdings of director Alan Watson, who has acquired 675,473 ordinary shares and disposed of an equal number of fee rights through entities where he holds a director and shareholder position. The transactions, reported to the ASX under listing rule 3.19A.2, indicate active movement within the director’s interests but were conducted without cash consideration. Such changes could reflect Watson’s confidence in the company’s future, potentially influencing investor perceptions.

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