Metro Mining Director Increases Shareholding

Metro Mining Limited (AU:MMI) has released an update.

Metro Mining Limited’s director, Douglas Ritchie, has increased his stake in the company through the acquisition of 7,013,550 vested performance rights, issued instead of cash payment for his director fees, valued at $140,271. This addition brings his total holdings to 5,201,404 ordinary shares and 14,039,050 performance rights capable of conversion into ordinary shares. The change in director’s interest was reported in compliance with ASX listing rules and is part of the company’s remuneration arrangements approved by shareholders.

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