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Elixir Energy Announces Director’s Shareholding Adjustment

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Elixir Energy Announces Director’s Shareholding Adjustment

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An update from Elixir Energy Limited ( (AU:EXR) ) is now available.

Elixir Energy Limited has announced a change in the director’s interest, specifically involving Stuart Nicholls. The change includes the acquisition of 5,000,000 ordinary shares and the disposal of 2,000,000 shares to satisfy tax obligations. This adjustment in shareholding reflects the vesting and conversion of performance rights into fully paid ordinary shares, indicating a strategic financial maneuver to manage tax liabilities and optimize the director’s investment portfolio.

More about Elixir Energy Limited

Average Trading Volume: 3,703,755

Technical Sentiment Signal: Hold

Current Market Cap: A$114.2M

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

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