Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
An announcement from Mount Ridley Mines Limited ( (AU:MRD) ) is now available.
Mount Ridley Mines Limited has disclosed a change in director Pedro Kastellorizos’ indirect interests in the company’s securities. The change reflects the conversion of 5 million Class E Performance Rights, previously held via Bluekebble Pty Ltd, into 5 million fully paid ordinary shares at no cash consideration after the satisfaction of a performance milestone, increasing his indirect shareholding to 15 million ordinary shares while leaving his options and remaining performance rights unchanged. This reshaping of his equity exposure aligns his incentives more closely with ordinary shareholders and signals the achievement of internal performance targets, but does not involve any on‑market trading activity or cash transaction.
More about Mount Ridley Mines Limited
Average Trading Volume: 39,917,578
Technical Sentiment Signal: Sell
Current Market Cap: A$38.78M
For detailed information about MRD stock, go to TipRanks’ Stock Analysis page.