Pacgold Director Increases Indirect Shareholding After Performance Rights Vesting

Pacgold Limited ( (AU:PGO) ) has issued an announcement.

Pacgold Limited has reported a change in the holdings of director Matthew Boyes, following the vesting of performance rights into ordinary shares. Boyes, who has direct and indirect interests through the MTJ Holdings Trust and his spouse, acquired 500,000 ordinary shares via the trust, valued at an estimated $0.165 per share based on the 26 February 2026 closing price.

The transaction, which did not occur during a closed period, was structured as an issue of ordinary shares on the vesting of performance rights, rather than an on-market trade. As a result, Boyes’ indirect shareholding through the MTJ Holdings Trust increased to 2,851,878 ordinary shares, while his direct performance rights balance decreased by 500,000 to 2,000,000, slightly shifting his exposure from options-style instruments to equity.

The most recent analyst rating on (AU:PGO) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Pacgold Limited stock, see the AU:PGO Stock Forecast page.

More about Pacgold Limited

Pacgold Limited is an Australia-listed company, with its securities traded on the ASX. The company operates within the resources and mining investment market, where director and insider holdings are closely monitored by shareholders and regulators.

Average Trading Volume: 3,573,017

Technical Sentiment Signal: Buy

Current Market Cap: A$73.47M

For an in-depth examination of PGO stock, go to TipRanks’ Overview page.