Champion Iron Director Adjusts Share Holdings

Champion Iron Ltd. (AU:CIA) has released an update.

Champion Iron Limited has announced a change in the holdings of Director David Cataford, with a recent transaction involving the exercise of 37,500 employee share options and the subsequent sale of the same number of ordinary shares. Cataford’s post-transaction holdings include over 2.2 million ordinary shares, with additional performance share units and restricted share units unchanged. This financial maneuver was executed to cover exercise costs and applicable withholding taxes.

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