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Central Petroleum Issues Additional Share Rights to Non-Executive Director

Story Highlights
  • Central Petroleum issued 606,217 share rights to non-executive director Agu Jan Kantsler.
  • The nil-cost grant boosts Kantsler’s equity holdings and aligns director pay with shareholder interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Central Petroleum Issues Additional Share Rights to Non-Executive Director

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

Central Petroleum Limited has disclosed a change in director Agu Jan Kantsler’s interests, with the non-executive director being issued 606,217 CTPAA share rights at nil consideration. The new share rights, granted under the company’s Employee Rights Plan and a 2026 Non-Executive Director offer approved at the 2025 annual general meeting, increase Kantsler’s holdings to 1,130,925 ordinary fully paid shares and 606,217 share rights, reflecting ongoing use of equity-based incentives to align board remuneration with shareholder interests without involving on-market transactions.

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-listed oil and gas exploration and production company focused on onshore assets, primarily in central Australia. The company participates in the upstream energy sector through the development and operation of hydrocarbon resources, positioning itself as a junior player in the regional petroleum market.

Average Trading Volume: 421,545

Technical Sentiment Signal: Sell

Current Market Cap: A$47.42M

Learn more about CTP stock on TipRanks’ Stock Analysis page.

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