Iris Metals Limited (AU:IR1) has released an update.
Iris Metals Limited has announced a significant change in director Kevin Smith’s interests, with the acquisition of 1.5 million performance rights across three classes and a modest buy of 1,650 ordinary shares. The performance rights, which carry no immediate value, are set to vest between 2025 and 2027, as approved by shareholders during the 2024 Annual General Meeting. This move, coupled with an on-market purchase of shares at $0.165 each, signals a bolstered commitment by Smith to the company’s future.
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