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Neurotech Director’s 5 Million Options Lapse, Reducing Potential Equity Exposure

Story Highlights
  • Neurotech reports that director Gerald Quigley has allowed 5,000,000 unlisted options to lapse, reducing his potential equity stake.
  • After the lapse, Quigley retains an indirect holding of 277,777 Neurotech shares, with no trades conducted during a closed period.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Neurotech Director’s 5 Million Options Lapse, Reducing Potential Equity Exposure

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Neurotech International ( (AU:NTI) ) has provided an update.

Neurotech International has disclosed a change in director Gerald Quigley’s interests, confirming the lapse of 5,000,000 unlisted options (NTIOPT20, exercisable at $0.10 and expiring 23 December 2025), which were held directly. Following this lapse, Quigley’s remaining interest is an indirect holding of 277,777 fully paid ordinary shares via a nominee and custodial structure, with no cash consideration involved and no trades occurring during a closed period, indicating a reduction in his potential equity exposure while leaving his existing shareholding intact.

More about Neurotech International

Neurotech International Limited is an ASX-listed company, operating in the broader biotechnology and medical technology sector. It focuses on developing and commercialising neurotechnology-related products and services, targeting applications in neurological health and related therapeutic or monitoring markets.

Average Trading Volume: 1,220,445

Technical Sentiment Signal: Sell

Current Market Cap: A$17.84M

Find detailed analytics on NTI stock on TipRanks’ Stock Analysis page.

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