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Arrow Minerals Updates on Director Thomas McKeith’s Lapsed Performance Rights

Story Highlights
  • Arrow Minerals reported that director Thomas McKeith has had 700,000 performance rights lapse across his indirect holdings.
  • The lapse affects only McKeith’s incentive rights, with his underlying shares and unlisted options remaining unchanged across related entities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Arrow Minerals Updates on Director Thomas McKeith’s Lapsed Performance Rights

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Arrow Minerals Limited ( (AU:AMD) ) has issued an announcement.

Arrow Minerals Limited has disclosed a change in director Thomas McKeith’s relevant interests following the lapse of 700,000 performance rights held indirectly through his family-related entities. The lapsed securities, comprising Tranche 2 and Tranche 3 performance rights expiring 31 December 2026, leave McKeith’s existing holdings of ordinary shares and unlisted options across his superannuation fund, family trust and associated company unchanged, indicating a technical adjustment to his incentive interests rather than a trade or change in voting shareholdings.

The most recent analyst rating on (AU:AMD) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Arrow Minerals Limited stock, see the AU:AMD Stock Forecast page.

More about Arrow Minerals Limited

Arrow Minerals Limited is an Australian-listed resources company focused on mineral exploration and development, with its securities traded on the ASX. The company’s activities involve the acquisition, holding and management of equity interests and securities by directors and related entities as part of its governance and capital structure.

Technical Sentiment Signal: Sell

Current Market Cap: A$17.08M

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

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