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An update from Adslot Ltd ( (AU:ADS) ) is now available.
Adslot Ltd has reported a change in director Andrew Dyer’s indirect interests following the issue of additional ordinary shares under the company’s Director Fees Plan. Dyer, who holds shares and options through several investment entities, received 35,417,500 ordinary shares for the quarter ended 31 March 2026 at an issue price of $0.0011 per share, increasing his total indirect shareholding without any share disposals.
The new shares were issued after shareholders approved the Director Fees Plan at the 2024 annual general meeting, underscoring the company’s continued reliance on equity to remunerate directors. This change modestly increases director-aligned ownership and reflects Adslot’s ongoing use of stock-based compensation to preserve cash while maintaining governance and incentive structures for key board members.
More about Adslot Ltd
Adslot Ltd is an Australia-listed company that issues ordinary shares and unlisted options to directors and investors as part of its capital structure. The business uses equity-based remuneration plans, including a Director Fees Plan approved by shareholders, to align director compensation with shareholder interests and manage cash outflows.
Current Market Cap: A$5.91M
See more insights into ADS stock on TipRanks’ Stock Analysis page.