Property for Industry director boosts stake with share purchase

Carolyn Mary Steele, a director at Property for Industry Limited, has increased her beneficial ownership in the company through an on-market purchase of ordinary shares. The transaction, dated September 1, 2025, involved the acquisition of 7,500 shares at a cost of NZD 18,075.00. This acquisition raises her total holdings from 12,500 to 20,000 ordinary shares.

The shares are held by Carolyn Mary Steele as both the registered holder and beneficial owner, indicating a direct interest in the company's performance. This latest transaction builds on her existing investment, as detailed in an ongoing disclosure notice filed with NZX Limited. Her previous disclosure was on February 28, 2025.

Brendan Wright, general counsel & company secretary, signed the disclosure notice on September 2, 2025, confirming the details of the transaction. The increase in a director's stake is often viewed by the market as a positive indicator of internal belief in the company's prospects and valuation.