AVI Director Dealings Neutral
AVI LIMITED - Dealing In AVI Shares by an AVI Executive Director
AVI Limited
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What this filing means
AVI Executive Director Michael Koursaris accepted and immediately sold 80,371 shares under the company's Deferred Bonus Share Plan for approximately R7.8 million.
Bull case
- The transaction reflects the standard acceptance of shares awarded under the AVI Deferred Bonus Share Plan at an option allocation price of R63.58.
- The dealings were conducted in full compliance with corporate governance standards, with clearance obtained in accordance with JSE listing requirements.
Bear case
- The executive director immediately sold the entire tranche of 80,371 accepted shares on the open market.
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