Lake Resources Director Stuart Crow Increases Equity Stake via Employee Awards Plan

An update from Lake Resources N.L. ( (AU:LKE) ) is now available.

Lake Resources N.L. has reported a change in the holdings of director Stuart Crow, who has converted 2,884,615 restricted stock units under the company’s Employee Awards Plan into fully paid ordinary shares at no cash consideration. Following this transaction, Crow’s total interest now comprises his existing 22 million ordinary shares held via custodians, 30 million listed options with a $0.05 exercise price expiring in October 2028, and the newly issued 2,884,615 ordinary shares, reflecting an increase in his direct equity stake in the company without altering his option positions.

The most recent analyst rating on (AU:LKE) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Lake Resources N.L. stock, see the AU:LKE Stock Forecast page.

More about Lake Resources N.L.

Lake Resources N.L. is an Australia-listed company operating in the resources sector, with its securities traded on the ASX and subject to Australian corporate and securities regulations governing director interests and disclosures.

YTD Price Performance: 116.67%

Average Trading Volume: 27,478,375

Technical Sentiment Signal: Hold

Current Market Cap: A$206M

For a thorough assessment of LKE stock, go to TipRanks’ Stock Analysis page.