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Dynamic Metals Limited ( (AU:DYM) ) has issued an announcement.
Dynamic Metals Limited has disclosed a change in the interests of director Karen Wellman, who has exercised 2,000,000 options at $0.30 per share using a cashless exercise facility, resulting in the acquisition of 382,749 fully paid ordinary shares and the cancellation of those options. Following the transaction, Wellman’s direct and indirect holdings now comprise 250,000 shares in her own name and 849,734 shares plus 2,000,000 remaining options (exercisable at $0.495 and expiring in November 2028) via the Serpentine Investment Trust, increasing her equity exposure and aligning her interests more closely with those of other shareholders without introducing any new contractual interests.
More about Dynamic Metals Limited
Dynamic Metals Limited is an Australian-listed company operating in the metals and mining sector. The company’s securities include fully paid ordinary shares and various classes of options listed on the ASX, reflecting a capital structure typical of exploration and resources companies seeking to advance their projects through staged equity and option-based funding.
Average Trading Volume: 71,978
Technical Sentiment Signal: Buy
Current Market Cap: A$19.11M
For a thorough assessment of DYM stock, go to TipRanks’ Stock Analysis page.