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EVZ Limited (ASX:EVZ)

ALERT: Price-sensitive ASX Announcement for EVZ
Current share price for EVZ : $0.435 -0.115 (-20.91%)+
Announcement
Release
14 May 2026 8:14AM
Price at Release
$0.550
Full Release
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Summary
EVZ Limited announced that its Non-Executive Chairman, Graham Burns, has sold 5.0 million ordinary shares in the company through an on-market trade. This sale represents approximately 4.1% of EVZ's issued ordinary shares and about 38% of Mr. Burns' total holdings prior to the sale. Following the transaction, Mr. Burns retains around 7.3 million shares, which is about 6.0% of EVZ's issued capital. This move is expected to improve liquidity of EVZ shares and attract new institutional investors. Mr. Burns, who has been with EVZ since 2008 and served as Chairman since 2016, remains committed to his role and optimistic about the company's future, despite this being his first sale of shares since joining the Board. The transaction was conducted under the company's Share Trading Policy and the necessary approvals were obtained.
Key Points
  • Graham Burns sold 5.0 million EVZ shares.
  • Sale represents 4.1% of EVZ's issued shares.
  • Burns retains 7.3 million shares, 6.0% of issued capital.
  • First sale since joining Board in 2008.
  • Transaction expected to enhance liquidity and attract investors.
  • Conducted under Share Trading Policy.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.