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Astron Limited ( (AU:ATR) ) just unveiled an update.
Astron Limited has disclosed a change in director Gerard King’s interests in the company’s securities. King’s indirect holding of ordinary shares increased by 800,000 to 4,918,596 shares after exercising 800,000 options at an exercise price of $0.38625 per option, for total consideration of $309,000, while his direct holding remained at 200 shares and his unquoted performance rights stayed at 800,000.
The transaction reflects a significant conversion of options into equity, modestly increasing director equity alignment with shareholders. The company confirmed that the trade did not occur during a closed period requiring prior written clearance, indicating standard-course execution under market and governance rules.
More about Astron Limited
Average Trading Volume: 331,943
Technical Sentiment Signal: Buy
Current Market Cap: A$293.2M
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