Pritchard increases stake in Precinct Properties Group
Scott Robert Pritchard, the chief executive of Precinct Properties Group, has increased his beneficial ownership of stapled securities within the group. An ongoing disclosure notice dated September 5, 2025, detailed the acquisition of 1,581 stapled securities, bringing his total holding from 1,517,757 to 1,519,338 stapled securities. This transaction occurred on September 1, 2025, as part of his participation in the Precinct Properties Exempt Employee Share Scheme. The consideration for these securities was made through contributions under the scheme.
The newly acquired securities are registered under CRS Nominees Limited as trustee for the Precinct Properties Exempt Employee Share Scheme. This latest acquisition reinforces Pritchard's stake in the company.
Beyond the recently acquired stapled securities, Pritchard holds other significant relevant interests. These include 2,366,282 unquoted Performance Share Rights and 474,103 unquoted Share Rights. The Performance Share Rights represent a conditional entitlement to become a legal and beneficial owner of stapled securities under the Precinct Long Term Incentive Scheme, while the Share Rights are held as a participant in Precinct's 2023 Retention Share Scheme.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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