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Legacy Minerals Director Increases Indirect Shareholding via Option Exercise

Story Highlights
  • Legacy Minerals director David Carland has increased his indirect shareholding through exercised LGMO options.
  • The option exercise boosts Carland’s equity exposure and aligns his interests more closely with Legacy Minerals’ performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Legacy Minerals Director Increases Indirect Shareholding via Option Exercise

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The latest announcement is out from Legacy Minerals Holdings Ltd. ( (AU:LGM) ).

Legacy Minerals Holdings has disclosed a change in the interests of director David John Carland, reflecting adjustments in his indirect holdings via the Carland Super Fund and Boltcar Pty Limited. The filing shows that Carland exercised listed LGMO options to acquire 627,774 fully paid ordinary shares at $0.18 per share, resulting in increased shareholdings and the issuance of additional unlisted options expiring in 2027, signalling a higher personal stake and continued alignment of the director’s interests with the company’s equity performance.

The most recent analyst rating on (AU:LGM) stock is a Hold with a A$0.24 price target. To see the full list of analyst forecasts on Legacy Minerals Holdings Ltd. stock, see the AU:LGM Stock Forecast page.

More about Legacy Minerals Holdings Ltd.

Average Trading Volume: 455,582

Technical Sentiment Signal: Buy

Current Market Cap: A$38.75M

See more insights into LGM stock on TipRanks’ Stock Analysis page.

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