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Anson Resources Updates Market on Director Gregory Knox’s Increased Performance Rights Holding

Story Highlights
  • Anson Resources reported a change in director Gregory Knox’s relevant interests in company securities.
  • Knox received 800,000 additional performance rights at no cash cost after AGM approval, increasing his indirect performance holdings.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Anson Resources Updates Market on Director Gregory Knox’s Increased Performance Rights Holding

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Anson Resources ( (AU:ASN) ) has issued an announcement.

Anson Resources has disclosed a change in director Gregory Knox’s relevant interests in the company’s securities, following the issue of 800,000 additional performance rights to him via his indirect holding entity, Knox Superfund Pty Ltd. The issue, which occurred at no cash consideration after receiving shareholder approval at the annual general meeting, increases Knox’s indirect performance shareholding to 2.8 million performance shares while leaving his direct share and option holdings unchanged, signalling continued alignment of the director’s incentives with the company’s long-term performance.

The most recent analyst rating on (AU:ASN) stock is a Buy with a A$0.38 price target. To see the full list of analyst forecasts on Anson Resources stock, see the AU:ASN Stock Forecast page.

More about Anson Resources

Anson Resources Limited is an Australian-listed resources company operating in the mining and exploration sector. The company is focused on developing and advancing its portfolio of mineral projects, with its securities traded on the ASX under standard corporate governance and disclosure obligations.

Average Trading Volume: 5,603,335

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$105.2M

For an in-depth examination of ASN stock, go to TipRanks’ Overview page.

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