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An announcement from BSA Limited ( (AU:BSA) ) is now available.
BSA Limited has disclosed a change in the indirect interests of director Daniel Raihani, held through 7 Enterprises Pty Ltd, in accordance with ASX listing rule 3.19A.2. The notice records that Raihani’s entity already held 14,921,000 fully paid ordinary shares in the company prior to the change.
Following approvals at a recent general meeting, Raihani’s associated entity has been issued 3,750,000 unlisted options with staggered exercise prices and maturities, along with 3,000,000 performance rights. This equity-based issuance materially increases his exposure to the company’s future share price performance, aligning his incentives more closely with shareholder outcomes without any cash consideration changing hands.
More about BSA Limited
BSA Limited is an Australian listed company, though this filing does not specify its industry or core operations. The company is subject to ASX listing rules and Australian corporate governance requirements, including continuous disclosure of changes in directors’ interests in its securities.
Average Trading Volume: 476,000
Technical Sentiment Signal: Hold
Current Market Cap: A$24.85M
See more insights into BSA stock on TipRanks’ Stock Analysis page.