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Lunnon Metals Updates Director’s Interest with Forfeiture of Performance Rights

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Lunnon Metals Updates Director’s Interest with Forfeiture of Performance Rights

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Lunnon Metals Limited ( (AU:LM8) ) has issued an announcement.

Lunnon Metals Limited announced a change in the director’s interest notice, specifically regarding Edmund Ainscough’s holdings. The change involved the forfeiture of 292,419 unquoted Short-Term Incentive (STI) Performance Rights due to unmet vesting conditions. This adjustment reflects the company’s adherence to performance-based incentives and may impact the director’s future compensation structure.

The most recent analyst rating on (AU:LM8) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Lunnon Metals Limited stock, see the AU:LM8 Stock Forecast page.

More about Lunnon Metals Limited

Average Trading Volume: 110,747

Technical Sentiment Signal: Hold

See more data about LM8 stock on TipRanks’ Stock Analysis page.

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