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Avenira Grants 12 Million Options to Director Jason He Following AGM Approval

Story Highlights
  • Director Jason He has been issued 12 million Avenira options after shareholder approval.
  • The options, valued at about $48,000, align the director’s incentives with shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Avenira Grants 12 Million Options to Director Jason He Following AGM Approval

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An update from Avenira Limited ( (AU:AEV) ) is now available.

Avenira Limited has disclosed a change in director Jason He’s interests in the company’s securities, as required under ASX listing rules. The filing notes that He previously held no securities in Avenira but has now been issued a total of 12 million options following shareholder approval at the company’s annual general meeting.

The newly granted options comprise 6 million options exercisable at $0.02 and 6 million options exercisable at $0.03, all expiring on 22 December 2028, with an estimated aggregate value of $48,000. The issue strengthens the director’s equity-linked incentive in the company and may be seen as aligning Jason He’s interests more closely with those of shareholders, though no on-market trading or changes to contractual interests were involved in this transaction.

More about Avenira Limited

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$34.07M

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

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