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Aurora Labs Director Increases Equity Stake Through Option Exercise

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Aurora Labs Director Increases Equity Stake Through Option Exercise

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Aurora Labs ( (AU:A3D) ) has shared an update.

Aurora Labs Limited has disclosed a change in director Rebekah Letheby’s interests, with her indirect holdings managed through a jointly held account. Letheby exercised 180,302 options at $0.045 each, converting them into fully paid ordinary shares for a cash consideration of $8,113.59, increasing her total direct shareholding to 540,907 ordinary shares while maintaining 3,000,000 unlisted options exercisable at $0.14 and an unchanged indirect holding of 400,000 shares. The transaction, which did not occur during a closed trading period, marginally boosts director equity alignment with shareholders, signalling confidence in the company’s prospects without altering existing option-based incentive structures.

The most recent analyst rating on (AU:A3D) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Aurora Labs stock, see the AU:A3D Stock Forecast page.

More about Aurora Labs

Average Trading Volume: 741,084

Technical Sentiment Signal: Sell

Current Market Cap: A$23.91M

See more insights into A3D stock on TipRanks’ Stock Analysis page.

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