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CuFe Limited ( (AU:CUF) ) has shared an announcement.
CuFe Limited has disclosed a change in director Antony William Paul Sage’s indirect interests in the company’s securities, with holdings structured through the EGAS Superannuation Fund and Okewood Pty Ltd. The notice outlines his existing stakes in ordinary fully paid shares, listed options, and multiple tranches of performance rights before the latest transaction.
Following the conversion of 5,000,000 Tranche 1 performance rights into the same number of ordinary shares at a deemed value based on the last closing price, Sage’s indirect shareholding via Okewood Pty Ltd increased to 38,913,440 ordinary shares. The transaction leaves remaining performance rights in Tranche 2 and Tranche 3 unchanged, signalling a shift from conditional equity to fully paid shares and modestly increasing the director’s direct economic exposure to CuFe’s share price performance.
The most recent analyst rating on (AU:CUF) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on CuFe Limited stock, see the AU:CUF Stock Forecast page.
More about CuFe Limited
CuFe Limited is an Australian-listed company, identified on the ASX under the code CUF, though this filing focuses solely on director securities and does not describe its operating business or industry. The announcement details changes in the equity interests of director Antony William Paul Sage held through associated entities, reflecting updated ownership levels in the company’s ordinary shares, options, and performance rights.
YTD Price Performance: 53.33%
Average Trading Volume: 3,347,596
Technical Sentiment Signal: Buy
Current Market Cap: A$79.43M
Learn more about CUF stock on TipRanks’ Stock Analysis page.