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Iris Metals Director Increases Shareholding Through Conversion of Performance Rights

Story Highlights
  • Director Kevin Smith converted 500,000 vested performance rights into ordinary shares, increasing his direct holding.
  • The change in Iris Metals’ director interests arose from equity incentive conversion, with no cash consideration involved.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Iris Metals Director Increases Shareholding Through Conversion of Performance Rights

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Iris Metals Limited ( (AU:IR1) ) has issued an update.

Iris Metals Limited has reported a change in director Kevin Smith’s holdings following the conversion of vested performance rights into ordinary fully paid shares. The transaction, conducted on 19 January 2026, saw Smith dispose of 500,000 Class B performance rights that had vested and convert them into 500,000 additional ordinary shares, increasing his direct shareholding, with no cash consideration involved since the change arose purely from the conversion of previously issued equity incentives.

The most recent analyst rating on (AU:IR1) stock is a Hold with a A$0.19 price target. To see the full list of analyst forecasts on Iris Metals Limited stock, see the AU:IR1 Stock Forecast page.

More about Iris Metals Limited

Average Trading Volume: 595,702

Technical Sentiment Signal: Sell

Current Market Cap: A$47.3M

Find detailed analytics on IR1 stock on TipRanks’ Stock Analysis page.

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