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Dynamic Metals Director Increases Shareholding Through Option Exercise

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Dynamic Metals Director Increases Shareholding Through Option Exercise

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The latest announcement is out from Dynamic Metals Limited ( (AU:DYM) ).

Dynamic Metals Limited has announced a change in the indirect holdings of director Lindsay Dudfield, managed through the LG Dudfield Pension Fund account, which holds the director’s interests in the company’s securities. The fund has exercised 500,000 options at an exercise price of A$0.30 per share, converting them into 500,000 fully paid ordinary shares and thereby increasing its total shareholding to 1,950,000 fully paid ordinary shares, while retaining 500,000 options exercisable at A$0.495 expiring on 21 November 2028; no changes were reported in any related contracts, and the transaction was recorded as an exercise of options rather than an on-market trade.

More about Dynamic Metals Limited

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.

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