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Aeris Resources Grants Additional Performance Rights to Director

Story Highlights
  • Aeris Resources director Andre Labuschagne received 3.42 million new performance rights under an incentive scheme.
  • The grant, made with no cash consideration, boosts his equity stake and aligns leadership incentives with shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Aeris Resources Grants Additional Performance Rights to Director

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The latest update is out from Aeris Resources Limited ( (AU:AIS) ).

Aeris Resources Limited has disclosed a change in the interests of director Andre Labuschagne, who has received an additional 3,424,470 performance rights under the company’s employee incentive scheme at no cash consideration, leaving his holding at 7,107,086 fully paid ordinary shares and 7,032,630 performance rights. The issuance, which did not involve any on‑market trading or closed‑period clearances, strengthens the alignment of the managing director’s remuneration with shareholder outcomes and reflects the company’s ongoing use of equity‑based incentives to retain and motivate senior leadership.

The most recent analyst rating on (AU:AIS) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Aeris Resources Limited stock, see the AU:AIS Stock Forecast page.

More about Aeris Resources Limited

Aeris Resources Limited is an Australian listed company in the resources sector. While this notice does not restate its operations, Aeris is known as a base and precious metals producer and explorer with assets in copper and gold, supplying these commodities to global industrial and investment markets.

Average Trading Volume: 6,569,587

Technical Sentiment Signal: Buy

Current Market Cap: A$614.8M

Learn more about AIS stock on TipRanks’ Stock Analysis page.

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