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Amotiv discloses lapse of performance rights held by director

Story Highlights
  • Amotiv reported updated holdings for director Graeme Whickman, covering his direct and indirect securities interests.
  • A total of 92,336 performance rights lapsed after unmet performance conditions, reducing Whickman’s incentive-based equity exposure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Amotiv discloses lapse of performance rights held by director

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Amotiv ( (AU:AOV) ) has provided an announcement.

Amotiv Limited has reported a change in director Graeme Whickman’s relevant interests in its securities, detailing adjustments across his direct and indirect holdings. The filing outlines his positions in fully paid ordinary shares and performance rights held personally and through various nominee and superannuation structures.

The company disclosed that 92,336 performance rights (AOVAA) held directly by Whickman lapsed after the specified performance conditions were not met. As a result, his direct performance rights holding decreased, clarifying the status of his incentive-based equity and providing investors with updated visibility on director-aligned compensation exposure.

The most recent analyst rating on (AU:AOV) stock is a Hold with a A$6.50 price target. To see the full list of analyst forecasts on Amotiv stock, see the AU:AOV Stock Forecast page.

More about Amotiv

Amotiv Limited is an ASX-listed company, though the release provides no specific details on its industry, products or services. The disclosure centers on director securities holdings and incentive arrangements rather than operational or market information.

YTD Price Performance: -28.62%

Average Trading Volume: 278,398

Technical Sentiment Signal: Sell

Current Market Cap: A$835.2M

For a thorough assessment of AOV stock, go to TipRanks’ Stock Analysis page.

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