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DiscovEx Director Thomas Hoyer Sees Lapse of 1 Million Performance Rights

Story Highlights
  • Director Thomas Hoyer reported changes to his direct and indirect security interests.
  • One million of Hoyer’s performance rights lapsed with no consideration, reducing potential equity exposure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
DiscovEx Director Thomas Hoyer Sees Lapse of 1 Million Performance Rights

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The latest announcement is out from DiscovEx Resources Limited ( (AU:LAT) ).

DiscovEx Resources Limited has reported a change in the securities interests of director Thomas Hoyer, primarily relating to his holdings in Latitude 66 Ltd through both direct and indirect structures. The notice shows that 1,000,000 performance rights previously held directly by Hoyer have lapsed without consideration, modestly reducing his potential equity exposure but leaving substantial share and performance right interests in place across associated entities and family holdings.

More about DiscovEx Resources Limited

Average Trading Volume: 305,903

Technical Sentiment Signal: Sell

Current Market Cap: A$13.23M

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

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