tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Nuchev Director Increases Shareholding Through Equity Incentive Plan

Story Highlights
Nuchev Director Increases Shareholding Through Equity Incentive Plan

Claim 50% Off TipRanks Premium

Nuchev Pty Ltd ( (AU:NUC) ) has provided an announcement.

Nuchev Limited has reported a change in director Ben Dingle’s interests following the exercise of unquoted share rights granted under the company’s Equity Incentive Plan in lieu of director fees. Dingle converted vested share rights valued at $61,325 into 479,102 ordinary shares, increasing his direct holding to 479,102 shares while maintaining an additional 37,853,680 shares held indirectly via 402339 Pty Ltd as trustee for the Whiti Trust, with the transaction occurring outside a closed period and reflecting ongoing alignment of director compensation with shareholder equity.

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 ASX-listed company; the filing does not specify its industry or products, but it operates under Australian corporate and securities market regulations and uses an equity incentive plan to remunerate directors, indicating a typical listed-company governance and capital management structure.

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