Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An announcement from InhaleRx Limited ( (AU:IRX) ) is now available.
InhaleRx Limited has disclosed a change in the indirect holdings of director Sean Williams following his participation in the company’s recent entitlement offer. Williams holds his interests through TG Advisory Pty Ltd as trustee for the Williams Glenair Family Account and the S & C Williams Super Account, reflecting a mix of fully paid ordinary shares, unlisted options and performance rights.
The disclosure shows Williams acquired 42,777 new shares at an issue price of $0.025 under the entitlement offer, increasing his total shareholding to 983,920 shares, and received 21,389 free attaching options expiring in December 2027, with all existing option and performance right holdings unchanged. The move modestly lifts director equity exposure and underscores board support for the capital-raising initiative, which may be viewed positively by investors monitoring alignment between management and shareholder interests.
More about InhaleRx Limited
Average Trading Volume: 287,952
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$5.39M
For detailed information about IRX stock, go to TipRanks’ Stock Analysis page.