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Omnia Metals Director Increases Holding Through New Performance Rights

Story Highlights
  • Omnia Metals director Quinton Meyers acquired 3 million new performance rights.
  • The issue strengthens performance-based incentives, aligning director rewards with share price growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Omnia Metals Director Increases Holding Through New Performance Rights

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An update from Omnia Metals Group Ltd ( (AU:OM1) ) is now available.

Omnia Metals Group Limited has disclosed a change in director Quinton Meyers’ interests following the issue of additional performance rights. Meyers acquired a total of 3,000,000 performance rights across three classes (PR B, PR C and PR D), each tied to volume-weighted average price hurdles and expiring between 2028, increasing his holdings in these incentive securities while his share and option positions remain unchanged. The performance rights were issued to current directors or their nominees in line with terms previously approved by shareholders, indicating a continued emphasis on performance-based remuneration and alignment of director incentives with future share price performance, without any trading during a closed period.

The most recent analyst rating on (AU:OM1) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Omnia Metals Group Ltd stock, see the AU:OM1 Stock Forecast page.

More about Omnia Metals Group Ltd

Omnia Metals Group Limited is an ASX-listed company, though this filing does not provide additional detail on its industry, core products or services, or specific market focus.

Average Trading Volume: 2,523,625

Technical Sentiment Signal: Sell

Find detailed analytics on OM1 stock on TipRanks’ Stock Analysis page.

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