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Elixir Energy Limited ( (AU:EXR) ) has shared an announcement.
Elixir Energy has disclosed a change in the indirect shareholding of director Stuart Nicholls, following the vesting and conversion of 5 million performance rights into fully paid ordinary shares held via the Nicholls Family Trust and associated superannuation account. After the transaction, Nicholls’ related entities collectively hold 11,158,666 ordinary shares, 10 million options and 15 million performance rights, with 2 million shares sold on-market at $0.0815 solely to meet tax obligations arising from the incentive vesting, a trade that took place in a closed period with prior written clearance from the company, underscoring adherence to governance and disclosure requirements.
The most recent analyst rating on (AU:EXR) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Elixir Energy Limited stock, see the AU:EXR Stock Forecast page.
More about Elixir Energy Limited
Elixir Energy Limited is an Australian-listed energy company focused on exploration and development activities, with its securities traded on the ASX. The company operates within the broader energy sector and is subject to standard Australian corporate and securities market disclosure requirements, including director interest notifications.
Average Trading Volume: 3,891,192
Technical Sentiment Signal: Hold
Current Market Cap: A$147.9M
For a thorough assessment of EXR stock, go to TipRanks’ Stock Analysis page.