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Iron Road Ltd Director’s Interest Update: Ian Hume Increases Shareholding

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Iron Road Ltd Director’s Interest Update: Ian Hume Increases Shareholding

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Iron Road Ltd ( (AU:IRD) ) has provided an announcement.

Iron Road Ltd has announced a change in the interests of its director, Ian Hume, involving the exercise of vested performance rights. This change resulted in the acquisition of 1,500,000 shares and the disposal of an equivalent number of performance rights, increasing Mr. Hume’s total shareholding to 9,679,244 shares. The transaction was conducted with no cash consideration, potentially indicating a strategic move to consolidate Mr. Hume’s equity position within the company.

More about Iron Road Ltd

Average Trading Volume: 129,043

Technical Sentiment Signal: Sell

Current Market Cap: A$25.75M

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

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