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ActivePort Director Increases Exposure Through Pro-Rata Bonus Option Issue

Story Highlights
  • ActivePort director Kathryn Soares received 4,090,683 new bonus options at no cash cost.
  • Her ordinary shareholding is unchanged, but her potential equity stake rises via options to 2028.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ActivePort Director Increases Exposure Through Pro-Rata Bonus Option Issue

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An update from Activeport Group Limited ( (AU:ATV) ) is now available.

ActivePort Group Ltd has disclosed a change in the interests of director Kathryn Soares, noting her direct and indirect holdings through entities 101IC Pty Ltd and Vizstone Holdings Pty Ltd. Following a pro-rata bonus issue of options to all shareholders, Soares received 4,090,683 options exercisable at $0.04 and expiring on 31 January 2028, increasing her derivative holdings while her ordinary shareholding remained at 20,453,415, with no cash consideration involved. The issuance modestly increases her potential future equity stake and reflects a broader capital management initiative by the company to incentivise shareholders through bonus options.

The most recent analyst rating on (AU:ATV) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Activeport Group Limited stock, see the AU:ATV Stock Forecast page.

More about Activeport Group Limited

ActivePort Group Ltd is an ASX-listed company; the filing does not specify its industry, products or services, or market focus.

Average Trading Volume: 9,403,135

Technical Sentiment Signal: Sell

Current Market Cap: A$20.47M

For an in-depth examination of ATV stock, go to TipRanks’ Overview page.

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