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Lark Distilling Co. Ltd. ( (AU:LRK) ) has provided an update.
Lark Distilling Co. Ltd has notified the market that a total of 3,330,994 equity-linked securities have ceased, comprising 3,137,078 performance rights and 193,916 share rights that lapsed on 31 December 2025 because their vesting or performance conditions were not met or became incapable of being satisfied. The lapse of these rights effectively reduces potential future equity dilution for existing shareholders and signals that the underlying performance or service-based hurdles attached to these instruments were not achieved within the specified timeframe, which may reflect on recent performance outcomes and alters the company’s prospective capital structure.
The most recent analyst rating on (AU:LRK) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Lark Distilling Co. Ltd. stock, see the AU:LRK Stock Forecast page.
More about Lark Distilling Co. Ltd.
Lark Distilling Co. Ltd, listed on the ASX under the code LRK, operates in the alcoholic beverages industry as a distiller, with a focus likely on premium spirits given its positioning as a distilling company. The company’s capital structure includes various equity-linked instruments such as performance rights and share rights issued to align stakeholder and management interests with long-term company performance.
Average Trading Volume: 29,014
Technical Sentiment Signal: Sell
Current Market Cap: A$64.18M
Learn more about LRK stock on TipRanks’ Stock Analysis page.