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Astron Director George Lloyd Increases Shareholding via Option Exercise

Story Highlights
  • Astron director George Lloyd has increased his equity exposure by exercising options into additional ordinary shares.
  • The option exercise added 800,000 Astron shares to Lloyd’s holdings for $309,000, with no disposals or contract changes reported.
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Astron Director George Lloyd Increases Shareholding via Option Exercise

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Astron Limited ( (AU:ATR) ) has provided an update.

Astron Limited has disclosed a change in director George Lloyd’s interest in the company’s securities, reflecting his involvement with both ordinary shares and unquoted performance rights held through related entities. Lloyd exercised 800,000 options at $0.38625 each, resulting in the issue of 800,000 new ordinary shares for a total consideration of $309,000, increasing his total holding to 2,264,508 ordinary shares while his unquoted performance rights remain at 1,600,000; the transaction was not conducted during a closed period and involved no disposals or changes to contractual interests, signalling a further alignment of the director’s financial exposure with Astron’s equity performance.

More about Astron Limited

Astron Limited is an Australian-listed company; while this notice does not detail its operations, the company is active on the ASX and issues ordinary shares, options and performance rights as part of its capital and executive incentive structure.

Average Trading Volume: 331,943

Technical Sentiment Signal: Buy

Current Market Cap: A$293.2M

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