Galilee Energy Director Raymond Shorrocks Steps Down but Retains Major Shareholding

Galilee Energy Limited ( (AU:GLL) ) just unveiled an announcement.

Galilee Energy Limited has announced that non-executive director Raymond Shorrocks ceased to be a director of the company on 19 December 2025. According to the final director’s interest notice lodged with the ASX, Shorrocks remains associated with 31,635,957 ordinary shares in Galilee Energy held through Spring Street Holdings Pty Ltd , indicating that while he has stepped down from the board, he retains a significant equity interest in the company, a factor likely to be noted by shareholders monitoring board changes and governance stability.

The most recent analyst rating on (AU:GLL) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Galilee Energy Limited stock, see the AU:GLL Stock Forecast page.

More about Galilee Energy Limited

Galilee Energy Limited is an Australian-listed energy company focused on the exploration and development of coal seam gas and related unconventional gas resources, primarily targeting domestic energy markets.

Average Trading Volume: 1,040,718

Technical Sentiment Signal: Sell

Current Market Cap: A$5.39M

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