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Excite Technology Services Director Increases Stake Through Share-Based Fees

Story Highlights
  • Excite Technology Services issued 1,008,000 new shares to director Neil Sinclair in lieu of cash fees.
  • Sinclair’s holding rose to 18.91 million shares plus 14 million performance rights, highlighting equity-based remuneration.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Excite Technology Services Director Increases Stake Through Share-Based Fees

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Excite Technology Services ( (AU:EXT) ) has issued an update.

Excite Technology Services Limited has disclosed a change in director Neil Sinclair’s interests following the issue of 1,008,000 ordinary shares to him in lieu of cash directors’ fees under the company’s Director Share Plan on 27 January 2026. As a result of this non-cash remuneration, Sinclair’s holding has increased to 18,910,171 ordinary fully paid shares alongside 14,000,000 performance rights, signalling the company’s continued use of equity-based compensation to align board remuneration with shareholder interests and preserve cash resources.

The most recent analyst rating on (AU:EXT) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Excite Technology Services stock, see the AU:EXT Stock Forecast page.

More about Excite Technology Services

Excite Technology Services Limited is an Australia-listed company whose shares trade on the ASX, with its capital structure including ordinary fully paid shares and performance rights held by directors and other stakeholders.

Average Trading Volume: 2,129,131

Technical Sentiment Signal: Sell

Current Market Cap: A$17.27M

Learn more about EXT stock on TipRanks’ Stock Analysis page.

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