going full "bush lawyer"
from https://www.asx.com.au/content/dam/asx/listings-compliance/asx-listing-rules-compliance-course/module-11-directors-interest-notifications.pdf
Notification of changes in interests,Rule 3.19A.2 - Some examples to illustrate the timeframe within which an Appendix 3Y must be given to ASX: An on-market purchase or sale of securities by adirector on the ASX or Cboe Aust market …The deadline for giving ASX the Appendix 3Y is5 business days after …
Section 205G of the Corporations Act and rule 3.19A (4) The director must notify [ASX] within 14 days after any change in the director's interests. …’
A director who breaches section 205G(1) commits an offence of strict liability, punishable by a fine of 10 penaltyunits and/or 3 months in prison.
hopefully Plaggemars is more diligent at growing shareholder value than managing his own interests !
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