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High-Tech Metals Director Increases Equity Stake Through Option Exercise

Story Highlights
  • High-Tech Metals director Charles Thomas restructured his indirect holdings via Mounts Bay Investments.
  • He exercised HTMO options into HTM shares, increasing equity exposure and aligning with shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
High-Tech Metals Director Increases Equity Stake Through Option Exercise

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High-Tech Metals Limited ( (AU:HTM) ) has provided an announcement.

High-Tech Metals Limited has reported a change in the indirect holdings of director Charles William Thomas, held through Mounts Bay Investments Pty Ltd in both the Calver Capital and CT Super Fund accounts. The director exercised 322,570 HTMO options, resulting in the acquisition of 322,570 HTM shares and the lapse of 300,000 HTMO options, with post-transaction holdings consolidated into a larger HTM share position and unchanged performance rights balances. The on-market movements, totaling just over A$80,000 in consideration, indicate the director’s transition from options into ordinary equity, modestly increasing his direct economic exposure to High-Tech Metals and signaling continued alignment with shareholder interests.

The most recent analyst rating on (AU:HTM) stock is a Hold with a A$0.33 price target. To see the full list of analyst forecasts on High-Tech Metals Limited stock, see the AU:HTM Stock Forecast page.

More about High-Tech Metals Limited

High-Tech Metals Limited is an ASX-listed company operating in the resources sector, with its securities traded under the ticker HTM and associated options HTMO. The company’s capital structure includes ordinary shares and various performance rights classes, reflecting an incentive-based equity framework for key stakeholders.

Average Trading Volume: 110,324

Technical Sentiment Signal: Buy

Current Market Cap: A$33.24M

For detailed information about HTM stock, go to TipRanks’ Stock Analysis page.

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