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FirstWave Director Awarded 20 Million Share Appreciation Rights After Shareholder Approval

Story Highlights
  • FirstWave Cloud Technology issued 20 million Share Appreciation Rights to director Roger Buckeridge’s related entity.
  • The nil-cost grant, approved at the November 2025 AGM, strengthens equity-based incentives and aligns director interests with shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
FirstWave Director Awarded 20 Million Share Appreciation Rights After Shareholder Approval

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FirstWave Cloud Technology ( (AU:FCT) ) has provided an update.

FirstWave Cloud Technology has disclosed a change in director Roger Buckeridge’s interests, with his related entity Myamyn Ventures Pty Ltd, as trustee for Myamyn Ventures Trust, being issued 20,000,000 Share Appreciation Rights at nil consideration. The rights were granted following shareholder approval at the company’s 28 November 2025 Annual General Meeting, signaling a substantial equity-based incentive for the director that further aligns his interests with shareholders and may influence executive incentives and governance dynamics.

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

More about FirstWave Cloud Technology

FirstWave Cloud Technology Limited is an Australian-listed technology company operating in the cloud and cybersecurity sector, providing cloud-based security and related technology solutions to enterprises and service providers.

Average Trading Volume: 3,282,017

Technical Sentiment Signal: Sell

Current Market Cap: A$12.73M

Find detailed analytics on FCT stock on TipRanks’ Stock Analysis page.

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