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The latest announcement is out from ACDC Metals Ltd ( (AU:ADC) ).
ACDC Metals has notified the ASX that director Ivan Gerard Fairhall has ceased to be a director of the company as of 11 May 2026, in line with its obligations under listing rule 3.19A.3. The filing details that Fairhall holds no securities as a registered holder, but has indirect interests through Salford Capital Pty Ltd, including fully paid ordinary shares and unlisted options, providing transparency to investors about his residual exposure to the company.
The disclosure underscores ACDC Metals’ adherence to corporate governance and statutory reporting requirements by clarifying Fairhall’s final interests in the company’s securities. This level of transparency helps stakeholders assess any potential implications of the board change on ownership structure and aligns with broader market expectations for accountability in director transitions.
More about ACDC Metals Ltd
ACDC Metals Limited is an Australian-listed company, with its securities traded on the ASX and governed by Australian corporate and listing regulations. The company operates within a regulated disclosure framework that requires timely reporting of directors’ interests and changes in board composition to the market.
Average Trading Volume: 192,214
Technical Sentiment Signal: Buy
Current Market Cap: A$5.25M
Learn more about ADC stock on TipRanks’ Stock Analysis page.