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The latest update is out from I Synergy Group Ltd. ( (AU:IS3) ).
I Synergy Group Ltd has disclosed a change in the shareholding of director Dato’ Chee Hong Teo, following the vesting of previously granted unlisted options. The director converted 1,380,000 unlisted options with a nil exercise price, expiring on 21 June 2026, into an equal number of fully paid ordinary shares, with no cash consideration involved.
As a result of this vesting and conversion, Dato’ Chee Hong Teo’s direct holding increased from 191,942,571 to 193,322,571 fully paid ordinary shares in the company. The transaction reflects an internal equity-based remuneration event rather than an on‑market trade, signaling further alignment of the director’s interests with those of shareholders through a larger direct equity stake.
More about I Synergy Group Ltd.
I Synergy Group Ltd is a listed company on the ASX, but the release provides no details on its industry, core products or services, or specific market focus, offering only corporate and shareholding information about a director.
Average Trading Volume: 153,639
Technical Sentiment Signal: Sell
Current Market Cap: A$17.41M
For detailed information about IS3 stock, go to TipRanks’ Stock Analysis page.