Wednesday, 27 November, 2019 - 15:43
AFG directors in $27.6m sale
Two Australian Finance Group founders have sold shares worth about $27.6 million, about 5 per cent of the company, as they plan to diversify their portfolios.
Malcolm Watkins is a founding director of Australian Finance Group (AFG) with strategic responsibility for AFG’s technology development programs and national marketing operations. He has over 30 years of experience in Australia’s finance industry. Over the past 23 years, Mr Watkins oversaw the investment and delivery of AFG’s industry leading technology platform and tools that power the company today and enable the sustained growth the company has enjoyed. He also leads the development and evolution of the company’s marketing initiatives and solutions; marrying marketing strategy with AFG’s technology platform to enable ongoing profitability for AFG and its 2,800+ brokers. Mr Watkin’s key focus is extracting real and tangible returns on the investments made to-date and leveraging the strengths of the company to further expand market share, profitability and brand awareness.
Rank | Company | # | |
---|---|---|---|
9th | ![]() |
SRG Global | $1.07bn |
10th | ![]() |
Civmec | $1.04bn |
11th | ![]() |
DRA Global | $899.74m |
12th | - | Australian Finance Group | $856.55m |
Rank | Company | 1 Yr | 5 Yr |
---|---|---|---|
725th | Washington H Soul Pattinson and Company">Washington H Soul Pattinson and Company | 6.88% | 12.19% |
726th | Clime Capital">Clime Capital | 6.84% | 2.7% |
727th | Australian Finance Group">Australian Finance Group | 6.76% | -2.71% |
728th | St George Bank Perth Business Hub">St George Bank Perth Business Hub | 6.71% | 14.97% |
729th | Baby Bunting Group">Baby Bunting Group | 6.6% | -9.63% |
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REMUNERATION UPDATE: Non-Executive Director, Australian Finance Group | 02 Nov 2020 |
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REMUNERATION UPDATE: Non-Executive Director, Australian Finance Group | 24 Aug 2020 |
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REMUNERATION UPDATE: Non-Executive Director, Australian Finance Group | 30 Jun 2020 |
Two Australian Finance Group founders have sold shares worth about $27.6 million, about 5 per cent of the company, as they plan to diversify their portfolios.
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Malcolm Watkins is linked to 1 organisation which is included in 2 lists - Public Companies - Industrial WA and Business News 30.
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