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Lachlan Star Appoints New Director With Equity-Based Incentive Package

Story Highlights
  • Lachlan Star has appointed Anthony William Kiernan as a director, effective 26 March 2026, with no current shareholdings or related securities interests disclosed.
  • Subject to shareholder approval, Kiernan will receive 3 million unlisted options at $0.19, vesting over two years, aligning his incentives with shareholders’ medium-term interests.
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Lachlan Star Appoints New Director With Equity-Based Incentive Package

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Lachlan Star ( (AU:LSA) ) just unveiled an announcement.

Lachlan Star Limited has appointed Anthony William Kiernan as a director effective 26 March 2026, according to an initial director’s interest notice lodged with the ASX. At the time of appointment, Kiernan holds no shares or other securities in the company, nor any disclosed interests via third-party holdings or contracts.

Subject to shareholder approval, Kiernan is to receive 3,000,000 unlisted options exercisable at $0.19 each, expiring three years after issue, vesting in three equal tranches over two years. The option package underscores Lachlan Star’s use of equity-based incentives to align the new director’s interests with shareholders over the medium term, though no further strategic or operational implications were disclosed.

The most recent analyst rating on (AU:LSA) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Lachlan Star stock, see the AU:LSA Stock Forecast page.

More about Lachlan Star

Lachlan Star Limited is an Australia-listed company, but the release does not specify its industry, core operations, or main products and services. The announcement focuses exclusively on board composition and securities interests, offering no additional operational or market context about the business.

YTD Price Performance: 188.46%

Average Trading Volume: 746,496

Technical Sentiment Signal: Hold

Current Market Cap: A$46.25M

Learn more about LSA stock on TipRanks’ Stock Analysis page.

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