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Elementos Director Increases Shareholding via Option Exercise

Story Highlights
  • Director Calvin Treacy increased his indirect shareholding in Elementos Limited.
  • Four Seas Superannuation exercised 105,263 options into shares, boosting Treacy’s equity exposure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Elementos Director Increases Shareholding via Option Exercise

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Elementos Limited ( (AU:ELT) ) has provided an update.

Elementos Limited has reported a change in the holdings of director Calvin Treacy, reflecting movements in both his direct and indirect interests through associated investment and superannuation entities. The transaction involved Four Seas Superannuation Pty Ltd exercising 105,263 unlisted options at $0.18 each to acquire the same number of ordinary shares, resulting in an increased ordinary shareholding and the cancellation of those options, while all other option holdings and direct shareholdings remain unchanged. The move modestly increases Treacy’s equity exposure to Elementos, signalling continued alignment of the director’s interests with those of shareholders through a higher direct share stake in the company.

The most recent analyst rating on (AU:ELT) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on Elementos Limited stock, see the AU:ELT Stock Forecast page.

More about Elementos Limited

Average Trading Volume: 277,407

Technical Sentiment Signal: Buy

Current Market Cap: A$144.5M

For a thorough assessment of ELT stock, go to TipRanks’ Stock Analysis page.

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