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ActivePort Director Mark Middleton Receives Additional Bonus Options

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ActivePort Director Mark Middleton Receives Additional Bonus Options

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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 Mark Middleton, reflecting an adjustment in his holdings of company securities. Middleton, through a combination of direct and indirect interests via family accounts and trusts, has received 6,435,059 additional options exercisable at $0.04 and expiring on 31 January 2028, issued at no consideration as part of a pro-rata bonus options offer to all shareholders, leaving his underlying shareholding unchanged. The move slightly increases Middleton’s leveraged exposure to the company’s future share price performance and aligns his incentives further with those of other equity holders, while signalling ongoing use of equity-based instruments in the company’s capital management and remuneration structure.

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

Average Trading Volume: 9,403,135

Technical Sentiment Signal: Sell

Current Market Cap: A$20.47M

See more data about ATV stock on TipRanks’ Stock Analysis page.

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