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Butn Director Rael Ross Updates Holding After Option Expiry

Story Highlights
  • Butn director Rael Ross has allowed 1.3 million unlisted options to expire without consideration.
  • Ross continues to hold over 40 million shares and 3.5 million lower‑priced options in Butn.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Butn Director Rael Ross Updates Holding After Option Expiry

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Butn Limited ( (AU:BTN) ) has shared an update.

Butn Limited has disclosed a change in director Rael Ross’s interests following the expiry of a tranche of unlisted options. Ross previously held 1.3 million unlisted fully vested options exercisable at $0.50 per option, which expired on 26 February 2026 and have now lapsed without consideration.

After the expiry, Ross’s holdings comprise 40,350,706 ordinary fully paid shares held indirectly through a family trust, 96,450 ordinary shares held directly, and 3.5 million unlisted options exercisable at $0.08 per option expiring in November 2028. The update clarifies that there was no on‑market trade or cash transaction, with the change arising solely from the natural expiry of the earlier option package.

The most recent analyst rating on (AU:BTN) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Butn Limited stock, see the AU:BTN Stock Forecast page.

More about Butn Limited

Butn Limited is an Australian listed company that provides financing solutions, including working capital and funding products, to businesses. It focuses on supporting small and medium-sized enterprises through tailored finance structures delivered via digital platforms and partnerships.

Average Trading Volume: 73,755

Technical Sentiment Signal: Sell

Current Market Cap: A$19.13M

For an in-depth examination of BTN stock, go to TipRanks’ Overview page.

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