Koba Resources Director Reduces June 2028 Option Holding

Koba Resources Limited ( (AU:KOB) ) has provided an update.

Koba Resources Limited has reported a change in director Michael Haynes’ indirect interests in the company’s securities, as required under ASX listing rules. The change arises through entities associated with Haynes, including Bullseye Geoservices Pty Ltd and the M+M Haynes Super Fund, where he is trustee and beneficiary.

According to the notice, Haynes disposed of 500,000 unlisted options exercisable at $0.08 and expiring on 30 June 2028, leaving him with 124,595 options of that class. His remaining indirect interests include 2,495,144 fully paid ordinary shares and several tranches of unlisted options and performance rights with varying exercise prices and expiries out to October 2029, indicating he still retains significant leveraged exposure to the company’s equity.

More about Koba Resources Limited

Koba Resources Limited is an Australian-listed company, though the filing does not specify its industry, projects or main products. The disclosure focuses solely on changes to a director’s security holdings and does not provide operational or market context about the business itself.

Average Trading Volume: 622,952

Technical Sentiment Signal: Sell

Current Market Cap: A$10M

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