Central Petroleum Director’s Shares Double

Central Petroleum Limited (AU:CTP) has released an update.

Central Petroleum Limited has announced a significant change in director Michael Joseph McCormack’s interest in the company, with the exercise of 717,196 share rights. This move, part of the company’s Employee Rights Plan and 2024 Non-Executive Director Offer, has effectively doubled McCormack’s holdings to 1,421,127 ordinary fully paid shares, at no additional cost.

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