Finexia Financial Group Limited – Director's Interest Change

Finexia Financial Group Limited – Director's Interest Change

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Posted on: 22 November 2024

Finexia Financial Group Limited (ASX: FNX) has lodged an Appendix 3Y with the ASX, outlining a change in the securities interest of Director Patrick Michael Bell. This follows the approval of Unlisted Performance Rights at the Company’s AGM on 15 November 2024.

Key Details of the Change

DirectorPatrick Michael Bell
Date of Last Notice2 April 2024
Date of Change20 November 2024
Nature of InterestIndirect - via PJ Bell No.1 Pty Ltd <Bell Family No.1 a/c> (Trustee) and North Head No.1 Pty Ltd <North Head a/c> (Trustee)
Securities Held Prior to Change1,588,479 fully paid ordinary shares (Bell Family A/c)
Class of SecuritiesUnlisted Performance Rights
Number Acquired500,000
Number DisposedNIL
Securities Held After Change1,588,479 fully paid shares + 500,000 unlisted performance rights
Value/ConsiderationN/A

What This Means for Investors

This grant of performance rights aligns with Finexia's commitment to rewarding key executives based on long-term value creation and company performance. The rights were approved by shareholders at the AGM and represent a continued investment in leadership and growth.

Patrick Michael Bell now holds a combination of fully paid shares and newly acquired 500,000 unlisted performance rights, reinforcing confidence in Finexia’s future and strategic direction.

Continued Transparency and Corporate Governance

Finexia remains committed to full transparency in its corporate governance, ensuring timely and accurate disclosures to the ASX and its shareholders.

For further details, refer to the official Appendix 3Y: Change of Director's Interest Notice, as lodged with the ASX.

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Listed ASX