Directors’ Interests
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Thursday, 1 July, 2010 - 00:00
Brockman Resources deputy chairman Ross Norgard cashed in over $10 million worth of stock late last month to meet superannuation regulations.
The trustees of Mr Norgard’s account based pension must make a minimum payment each year, and divested almost 3.3 million shares at just under $3.21 each to a major international investor. Mr Norgard remains Brockman’s second largest investor with a 9.9 per cent interest.