Bathurst Resources Grants Additional Performance Rights to Director Richard Tacon

The latest update is out from Bathurst Resources Ltd ( (AU:BRL) ).

Bathurst Resources has disclosed a change in director Richard John Tacon’s interests following the grant of 360,299 LTIP performance rights, which are convertible into fully paid ordinary shares on a one-for-one basis at nil exercise price, subject to performance conditions and vesting no later than 1 December 2028. The additional performance rights, approved by shareholders at the company’s 2025 annual general meeting, increase Tacon’s total holding of performance rights across multiple vesting years and underscore the company’s continued use of equity-based incentives to retain and reward key executives without immediate cash outlay, maintaining alignment between management and shareholder value creation.

The most recent analyst rating on (AU:BRL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Bathurst Resources Ltd stock, see the AU:BRL Stock Forecast page.

More about Bathurst Resources Ltd

Bathurst Resources Limited is an Australasian-listed resources company, with its securities traded on the ASX. The company issues ordinary shares and long-term incentive plan (LTIP) performance rights as part of its capital and executive remuneration structure, aligning management incentives with shareholder interests over multi-year performance periods.

YTD Price Performance: -12.99%

Average Trading Volume: 25,187

Technical Sentiment Signal: Sell

Current Market Cap: A$156M

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