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Adslot Ltd ( (AU:ADS) ) has issued an announcement.
Adslot Ltd has reported a change in director Sarah Morgan’s indirect shareholding following the issue of additional ordinary shares under the company’s Director Fees Plan. Through Ashmog Investments Pty Ltd as trustee for the Ashmog Investment Trust, Morgan acquired 8,987,009 ordinary shares at $0.0011 per share, increasing her holding from 136,222,246 to 145,209,255 shares.
The new shares were issued as part of the Director Fees Plan for the quarter ended 31 March 2026, pursuant to shareholder approval granted at the company’s 2024 annual general meeting. The transaction did not involve any on-market trading, suggesting the change is part of a planned remuneration structure rather than a market-driven move, and underscores Adslot’s ongoing use of equity-based compensation to align directors’ interests with shareholders.
More about Adslot Ltd
Adslot Ltd is a listed company that operates in the technology and digital advertising sector. It provides software-driven solutions that help automate and manage advertising transactions, with a focus on serving agencies, publishers, and brands seeking more efficient media trading and campaign management.
Current Market Cap: A$5.91M
For a thorough assessment of ADS stock, go to TipRanks’ Stock Analysis page.