Civmec Limited (CVL) announced on Dec, 11 2025 that Executive Chairman James Fitzgerald, Managing Director Patrick Tallon and Executive Director Kevin Deery collectively sold 28,383,458 shares at 1.33 Singapore dollars per share through a block trade.

James Fitzgerald sold 13,482,729 shares and now holds 84,238,077 shares, representing 16.53% of the company’s issued capital. Patrick Tallon also sold 13,482,729 shares, retaining 84,138,077 shares, or 16.51% ownership. Kevin Deery disposed of 1,418,000 shares and now holds 8,775,250 shares, equal to 1.72% of the total.

The company said the transaction responds to strong demand from new institutional investors and is expected to broaden Civmec’s shareholder base and improve stock liquidity.

All three directors stated they have no current intention to sell additional shares in Civmec. The announcement was authorised for release by the board of directors.