Macro Metals Director Increases Indirect Shareholding Through Fee-for-Equity Issuance

Kogi Iron Ltd. ( (AU:M4M) ) has shared an update.

Macro Metals Limited has reported a change in the relevant interests of director Robert Andrew Jewson, who holds securities both directly and indirectly through Geonomics Australia Pty Ltd and Morpheus Holdings Pty Ltd. Jewson’s indirect interest increased by 7,692,054 fully paid ordinary shares issued in lieu of A$70,000 in director fees, as approved by shareholders at the 27 November 2025 AGM, lifting Geonomics Australia Pty Ltd’s holding to 156,692,054 shares while his direct holdings and option positions remain unchanged; the move underscores the company’s continued use of equity-based remuneration to conserve cash and align director incentives with shareholder interests.

More about Kogi Iron Ltd.

Macro Metals Limited is an Australia-listed company in the mining and resources sector, with its securities comprising fully paid ordinary shares and various classes of unlisted options traded on the ASX. The company’s capital structure includes equity and option-based incentives held by directors and related entities, reflecting common funding and remuneration practices in the junior and mid-tier resources industry.

Technical Sentiment Signal: Sell

Current Market Cap: A$30.24M

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