Ardea Resources Ltd. (AU:ARL) has released an update.
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Ardea Resources Ltd. has announced a change in the interest of its Director, Norman Mathew Longworth, due to the expiration of 125,000 Class N Performance Rights which did not meet the performance hurdle. This change leaves Longworth with 986,428 Fully Paid Ordinary Shares and a variety of other Performance Rights, indicating a significant stake in the company’s future performance. Investors may find this development noteworthy as it reflects adjustments in executive holdings that can impact shareholder value.
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