Nanosonics Director Increases Shareholding

Nanosonics Limited (AU:NAN) has released an update.

Nanosonics Limited has reported a change in the director’s interest notice, indicating that Mr. Michael Kavanagh has exercised various rights under the company’s equity plans, resulting in an acquisition of 82,227 ordinary shares. The complex transaction involved the exercise of Performance Rights, Service Rights, and Options, ultimately increasing the number of shares held indirectly by Kavanagh to 673,360, while his direct shareholding remains unchanged at 683,363 shares.

For further insights into AU:NAN stock, check out TipRanks’ Stock Analysis page.