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ADX Energy Director Increases Indirect Stake via Share Placement

Story Highlights
  • ADX Energy director Edouard Etienvre increased his indirect shareholding via NGX Commodities.
  • He invested $20,000 in a placement, gaining additional shares and long-dated options.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ADX Energy Director Increases Indirect Stake via Share Placement

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An announcement from ADX Energy ( (AU:ADX) ) is now available.

ADX Energy has disclosed a change in director Edouard Etienvre’s interests, with his indirect holding increasing through NGX Commodities Ltd following participation in a shareholder-approved share placement on 16 January 2026. Etienvre acquired 769,230 fully paid ordinary shares at 2.6 cents per share for $20,000, along with 384,615 free attaching unlisted options exercisable at 3.9 cents and expiring in January 2028, lifting his indirect shareholding to 6,061,997 shares and formalising his deeper financial alignment with the company’s capital-raising activities.

The most recent analyst rating on (AU:ADX) stock is a Sell with a A$0.03 price target. To see the full list of analyst forecasts on ADX Energy stock, see the AU:ADX Stock Forecast page.

More about ADX Energy

ADX Energy Ltd is an Australia-listed energy company engaged in the exploration and development of oil and gas resources. The company focuses on discovering and commercialising hydrocarbons, with its securities traded on the ASX, attracting investors seeking exposure to upstream energy assets.

Average Trading Volume: 1,577,364

Technical Sentiment Signal: Sell

Current Market Cap: A$20.18M

For detailed information about ADX stock, go to TipRanks’ Stock Analysis page.

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