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Macarthur Minerals Director Increases Indirect Shareholding Through On-Market Trades

Story Highlights
  • Macarthur Minerals director Alan Spence Phillips increased his indirect holding by 50,000 shares via on-market trades.
  • Phillips now holds over 5.17 million shares, with his restricted share units and options positions unchanged, signaling slightly higher insider alignment.
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Macarthur Minerals Director Increases Indirect Shareholding Through On-Market Trades

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The latest announcement is out from Macarthur Minerals Ltd. ( (AU:MIO) ).

Macarthur Minerals has disclosed a change in the indirect shareholding of director Alan Spence Phillips, whose interests are held through Phillips Exploration Pty Ltd . The filing shows that Phillips acquired a total of 50,000 ordinary shares across two on-market trades in early April 2026 for a combined cash consideration of about A$1,255.

Following these transactions, Phillips’ indirect holding rose to 5,171,402 ordinary shares, while his existing 600,000 restricted share units and 853,567 options remain unchanged. The notice signals a modest increase in director alignment with shareholders but does not reflect any change in the company’s broader capital structure or contractual interests.

The most recent analyst rating on (AU:MIO) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Macarthur Minerals Ltd. stock, see the AU:MIO Stock Forecast page.

More about Macarthur Minerals Ltd.

Macarthur Minerals Limited is an Australia-listed company active in the resources sector. The company is involved in mineral exploration and development, with its securities traded on the ASX, and its capital structure includes ordinary shares, restricted share units, and options held by directors and related entities.

Average Trading Volume: 145,209

Technical Sentiment Signal: Sell

Current Market Cap: A$8.28M

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

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