tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Kuniko Director Increases Stake Through Fee-for-Shares Arrangement

Story Highlights
  • Kuniko director Maja McGuire has increased her indirect holding via new shares and options.
  • The new securities were issued as director fees in lieu of cash on capital raise terms approved by shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kuniko Director Increases Stake Through Fee-for-Shares Arrangement

Claim 70% Off TipRanks Premium

An update from Kuniko Ltd. ( (AU:KNI) ) is now available.

Kuniko Limited has disclosed a change in the securities held by director Maja McGuire, reflecting compensation arrangements approved by shareholders. The director has received 244,420 new fully paid ordinary shares at $0.07 per share and 81,474 free attaching unlisted options, issued in lieu of cash director fees and on the same terms as the company’s recent capital raise, increasing her indirect holding and further aligning her interests with those of shareholders.

More about Kuniko Ltd.

Average Trading Volume: 474,513

Technical Sentiment Signal: Sell

Current Market Cap: A$8.52M

For an in-depth examination of KNI stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1