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Invion Director Increases Stake Through Option Exercise

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Invion Director Increases Stake Through Option Exercise

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Invion ( (AU:IVX) ) has issued an update.

Invion Limited has announced a change in the director’s interest in securities. Alan Yamashita, a director of Invion, has exercised 41,411 unlisted share options, converting them into ordinary shares. This change results in Yamashita holding a total of 150,053 ordinary shares. The exercise of these options was done at zero cost as they were issued in lieu of directors’ fees following shareholder approval at the 2024 AGM. This move reflects the company’s ongoing governance and compensation strategies, potentially impacting stakeholder perceptions of director alignment with shareholder interests.

More about Invion

Average Trading Volume: 102,715

Technical Sentiment Signal: Sell

Current Market Cap: A$10.59M

See more insights into IVX stock on TipRanks’ Stock Analysis page.

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