EchoIQ Limited (AU:EIQ) has released an update.
EchoIQ Limited has notified the ASX of a significant increase in Director Simon Tolhurst’s stake in the company through the acquisition of 7.1 million unlisted options via an off-market purchase. Tolhurst’s total holdings now include 120,000 Fully Paid Ordinary Shares and a combined 11.1 million options with varying expiry dates and exercise prices. The transaction, which did not involve any disposal of securities, reflects a notable change in the director’s interest in the firm.
For further insights into AU:EIQ stock, check out TipRanks’ Stock Analysis page.