Korvest Ltd Director Andrew Stobart Acquires 3,000 Shares at $16,232 Each

Shwetambri Chauhan

05 November 2026 03:14 PM AEDT

Korvest Ltd Director Andrew Stobart Acquires 3,000 Shares at $16,232 Each

Image Source: Krish Capital Pty Ltd

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Korvest Ltd (ASX:KOV) has disclosed that director Andrew Stobart acquired 3,000 ordinary shares on 4 November 2026 at a consideration of $16,232 per share, increasing his indirect holding in the company from 16,000 to 19,000 shares.

Key Points

Director Andrew Stobart acquired 3,000 ordinary shares on 4 November 2026 via an on-market purchase
Consideration paid was $16,232 per share
Stobart's indirect holding increased from 16,000 to 19,000 ordinary shares
Shares are held indirectly through the director's superannuation fund via HSBC Custody Nominees (Australia) Limited <BT Panorama Super A/c>
The trade did not occur during a closed period requiring prior written clearance

Director's On-Market Share Purchase Details

According to the filing lodged on 5 November 2026, Korvest Ltd director Andrew Stobart completed an on-market purchase of 3,000 ordinary shares on 4 November 2026 at a consideration of $16,232 per share. The transaction was disclosed under ASX Listing Rule 3.19A.2 and the Corporations Act section 205G. The previous director's interest notice for Stobart was dated 16 June 2022, making this the most recent update to his disclosed holdings in the company.

Indirect Holding Structure via Superannuation Fund

The interest reported is indirect in nature. According to the filing, the shares are held through Andrew Stobart's superannuation fund, with the registered holder recorded as HSBC Custody Nominees (Australia) Limited operating under the BT Panorama Super account designation. Prior to the transaction, Stobart held 16,000 ordinary shares through this structure. Following the acquisition of 3,000 shares, the total indirect holding in Korvest Ltd stands at 19,000 ordinary shares.

Closed Period and Contract Interest Disclosures

The filing states that the interests in securities detailed in the notice were not traded during a closed period in which prior written clearance was required, with the closed period question answered as "No" and related fields marked not applicable. No changes to the director's interests in contracts were disclosed, with Part 2 of the filing recording all relevant fields as not applicable. No contract detail, registered holder, or consideration relating to contract interests was reported.

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