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Manuka Resources Ltd ( (AU:MKR) ) has issued an update.
Manuka Resources Limited has reported a change in the indirect interests of director John Andrew Gowans Seton, following the issue of incentive options under the company’s incentive plan as approved by shareholders at the 2025 annual general meeting. Through entities including Jura Trust Limited, Mr Seton was granted 2.5 million unlisted options exercisable at $0.15 and expiring on 16 December 2027, increasing his overall option exposure while his holdings of ordinary shares remain unchanged; the options were issued for nil consideration, underscoring the company’s use of equity-based incentives to align director remuneration with long-term shareholder value.
The most recent analyst rating on (AU:MKR) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Manuka Resources Ltd stock, see the AU:MKR Stock Forecast page.
More about Manuka Resources Ltd
Manuka Resources Limited is an Australian-listed company operating in the resources sector, with its shares traded on the ASX. The company is subject to Australian corporate and securities regulations, including continuous disclosure and director interest reporting requirements under the ASX Listing Rules and the Corporations Act.
Average Trading Volume: 7,908,274
Technical Sentiment Signal: Buy
Current Market Cap: A$84.53M
For detailed information about MKR stock, go to TipRanks’ Stock Analysis page.