Boab Metals Director Simon Noon Increases Indirect Shareholding at No Cost

An announcement from Boab Metals Ltd ( (AU:BML) ) is now available.

Boab Metals Limited has disclosed a change in the indirect interests of director Simon Noon, who is a beneficiary of the Noon A/C trust. The filing reports the acquisition of 490,323 fully paid ordinary shares on 10 February 2026 at no consideration, increasing his indirect holding while leaving his existing direct shareholding and extensive performance rights package unchanged.

The update formalises Noon’s revised equity position in compliance with ASX listing rule 3.19A.2 and director disclosure requirements under the Corporations Act. This adjustment marginally increases director-aligned ownership in Boab Metals, which may be viewed positively by investors tracking insider holdings, without immediately altering the company’s capital structure or cash position.

The most recent analyst rating on (AU:BML) stock is a Buy with a A$1.70 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.

More about Boab Metals Ltd

Boab Metals Limited is an Australian-listed company operating in the mining and resources sector. The company’s securities include fully paid ordinary shares and various classes of performance rights held by its directors, reflecting an equity-based approach to management and director remuneration aligned with shareholder interests.

Average Trading Volume: 5,600,633

Technical Sentiment Signal: Buy

Current Market Cap: A$267.8M

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