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Butn Limited ( (AU:BTN) ) has provided an announcement.
Butn Limited has disclosed a change in the relevant interests of director Rael Ross, following an on-market purchase of additional ordinary fully paid shares. Ross acquired 180,000 shares for $4,500, increasing his direct holding while his substantial indirect holding via a family trust and his unlisted options position remain unchanged.
The transaction modestly lifts Ross’s direct equity stake to 276,450 shares, alongside 40,350,706 shares held indirectly and 3.5 million unlisted options exercisable at $0.08 by November 2028. The move marginally deepens the director’s financial alignment with shareholders, signalling continued confidence in the company’s prospects without altering its broader capital structure.
More about Butn Limited
Butn Limited is an Australian-listed company that provides financing solutions, with its securities traded on the ASX. The company’s capital structure includes ordinary fully paid shares and unlisted options, reflecting typical equity-based incentives for its directors and key stakeholders.
Average Trading Volume: 310,068
Technical Sentiment Signal: Sell
Current Market Cap: A$9.53M
See more insights into BTN stock on TipRanks’ Stock Analysis page.