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Kalina Power Updates Market on Changes to Directors’ Equity Interests

Story Highlights
  • Kalina Power develops low-carbon baseload power projects, including CCS-enabled gas plants in Alberta.
  • The company reported changes to directors’ equity interests, including the lapse of options held by Stephen White.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kalina Power Updates Market on Changes to Directors’ Equity Interests

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The latest announcement is out from Kalina Power Limited ( (AU:KPO) ).

Kalina Power Limited has notified the market of changes to the interests held by several directors in accordance with ASX listing rules and Australian corporations law. The update includes a lapse of 9.6 million unlisted options previously held by director Stephen White, reflecting adjustments in director equity positions but not indicating any direct change to the company’s operating strategy or project pipeline.

The most recent analyst rating on (AU:KPO) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Kalina Power Limited stock, see the AU:KPO Stock Forecast page.

More about Kalina Power Limited

Kalina Power Limited is an ASX-listed energy company focused on developing cost-effective power projects that provide constant baseload electricity with a low carbon footprint. Through its wholly owned Canadian subsidiary, KALiNA Distributed Power, the company is advancing a portfolio of 170 MW natural gas-fired combined cycle power plants with integrated carbon capture and sequestration in Alberta, Canada.

YTD Price Performance: -21.43%

Average Trading Volume: 1,075,779

Technical Sentiment Signal: Sell

Current Market Cap: A$32.26M

See more data about KPO stock on TipRanks’ Stock Analysis page.

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