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Constellation Technologies Director Adjusts Equity Holdings After Performance Rights Lapse

Story Highlights
  • Constellation Technologies reports changes to director Kartheek Rao’s direct and indirect security holdings.
  • Lapsed performance rights and newly issued shareholder-approved options rebalance Rao’s equity incentives in the company.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Constellation Technologies Director Adjusts Equity Holdings After Performance Rights Lapse

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The latest announcement is out from Constellation Technologies Limited ( (AU:CT1) ).

Constellation Technologies Limited has disclosed a change in the securities held by director Kartheek Munigoti Shankar Rao, reflecting updates to both his direct and indirect interests. Rao’s holding has shifted following the lapse and cancellation of 15.6 million performance rights due to vesting conditions not being met, and the issuance of 22.5 million unlisted options as approved by shareholders at the company’s 2025 AGM. After these changes, Rao holds 42,637,207 shares, 8.8 million performance rights, 22.5 million unlisted options, plus additional indirect holdings, signaling an adjustment in his equity-based incentives aligned with shareholder-approved remuneration structures.

More about Constellation Technologies Limited

Constellation Technologies Limited is an Australian-listed company (ASX: CT1). The specific industry, product portfolio, and market focus are not detailed in this notice.

Current Market Cap: A$2.95M

For an in-depth examination of CT1 stock, go to TipRanks’ Overview page.

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