tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Nuchev Director Increases Equity Stake via Incentive Plan Conversion

Story Highlights
Nuchev Director Increases Equity Stake via Incentive Plan Conversion

Claim 50% Off TipRanks Premium

The latest announcement is out from Nuchev Pty Ltd ( (AU:NUC) ).

Nuchev Limited has disclosed a change in director Elizabeth Jean Smith’s interests following the exercise of unquoted share rights under the company’s Equity Incentive Plan, which was approved at the November 2024 AGM. Smith has received 278,750 ordinary shares in lieu of director fees valued at A$35,680, increasing her holding from no ordinary shares to 278,750, while her unquoted share rights decreased from 491,017 to 212,267, reflecting the vesting and conversion of incentives into equity and further aligning her interests with shareholders.

The most recent analyst rating on (AU:NUC) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Nuchev Pty Ltd stock, see the AU:NUC Stock Forecast page.

More about Nuchev Pty Ltd

Nuchev Limited is an Australia-listed company; the release does not provide details on its industry, core products or services, or specific market focus.

Average Trading Volume: 12,230

Technical Sentiment Signal: Sell

Current Market Cap: A$21M

See more data about NUC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1