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Central Petroleum Increases Share Rights Holding of Non-Executive Director Hirschfeld

Story Highlights
  • Central Petroleum has issued 325,729 new share rights to non-executive director Katherine Hirschfeld at no cost.
  • Hirschfeld now holds 912,466 shares and 472,010 share rights, reinforcing equity-based director remuneration alignment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Central Petroleum Increases Share Rights Holding of Non-Executive Director Hirschfeld

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Central Petroleum Limited ( (AU:CTP) ) just unveiled an announcement.

Central Petroleum Limited has reported a change in the interests of non-executive director Katherine Anne Hirschfeld, who has been issued 325,729 additional share rights (CTPAA) at no consideration under the company’s Employee Rights Plan and the 2026 Non-Executive Director Offer approved at the 2025 annual general meeting. Following this issuance, Hirschfeld’s holding increases to 912,466 ordinary fully paid shares and 472,010 share rights, underscoring the company’s continued use of equity-based remuneration to align director incentives with long-term shareholder value, with no trades occurring during a closed period.

The most recent analyst rating on (AU:CTP) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Central Petroleum Limited stock, see the AU:CTP Stock Forecast page.

More about Central Petroleum Limited

Central Petroleum Limited is an Australian oil and gas company focused on exploration, development and production activities, with its securities listed on the ASX. The company grants equity-based incentives, including share rights, to directors and senior personnel under its employee and non-executive director remuneration plans, aligning governance and compensation with shareholder approvals.

Average Trading Volume: 421,545

Technical Sentiment Signal: Sell

Current Market Cap: A$47.42M

See more insights into CTP stock on TipRanks’ Stock Analysis page.

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