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Iltani Resources Announces Director’s Interest Change

Story Highlights
  • Iltani Resources Limited’s director, Anthony Reilly, converted 500,000 performance rights into shares.
  • This change in director holdings may influence investor perceptions and market dynamics.
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Iltani Resources Announces Director’s Interest Change

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An announcement from Iltani Resources Ltd. ( (AU:ILT) ) is now available.

Iltani Resources Limited has announced a change in the interests of its director, Mr. Anthony Reilly, involving the conversion of 500,000 performance rights into fully paid ordinary shares. This adjustment results in Mr. Reilly now holding 750,000 fully paid ordinary shares and 500,000 performance rights directly, alongside his indirect interests. The conversion of performance rights for nil consideration reflects a strategic move in managing director-level holdings, potentially impacting investor perceptions and the company’s market dynamics.

More about Iltani Resources Ltd.

Average Trading Volume: 289,724

Technical Sentiment Signal: Buy

For a thorough assessment of ILT stock, go to TipRanks’ Stock Analysis page.

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