Knosys Director’s Stake Changes After Missed Targets

Knosys Ltd. (AU:KNO) has released an update.

Knosys Limited has announced a change in Director John Thompson’s interests, revealing a forfeiture of 3,060,000 unvested options due to failure to meet performance targets by the deadline of 1 July 2024. Despite this, Thompson maintains substantial interests in the company, including over 2.8 million shares and 2.94 million options with an exercise price of $0.15, expiring in July 2026. This development could influence Knosys Ltd.’s stock as investor perceptions of management’s stake in the company are often reflected in market sentiment.

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