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Paradigm Biopharmaceuticals Director Converts Options Into Shares

Story Highlights
  • Paradigm Biopharmaceuticals, an ASX-listed biotech, develops and markets biopharmaceutical therapies.
  • Director Paul Rennie converted 153,265 options into shares, boosting direct equity and reducing derivatives exposure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Paradigm Biopharmaceuticals Director Converts Options Into Shares

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Paradigm Biopharmaceuticals ( (AU:PAR) ) has issued an update.

Paradigm Biopharmaceuticals has disclosed a change in the interests of director Paul Rennie, who has converted 153,265 listed options into fully paid ordinary shares. The transaction, executed on 3 February 2026 for a consideration of $99,622.25, increases Rennie’s direct holding of ordinary shares while reducing his listed options by the same amount, signalling a shift from derivative exposure to outright equity ownership and marginally strengthening insider alignment with ordinary shareholders.

The most recent analyst rating on (AU:PAR) stock is a Hold with a A$0.31 price target. To see the full list of analyst forecasts on Paradigm Biopharmaceuticals stock, see the AU:PAR Stock Forecast page.

More about Paradigm Biopharmaceuticals

Paradigm Biopharmaceuticals Limited is an Australian listed biotechnology company focused on developing and commercialising biopharmaceutical therapies. The company operates in the life sciences sector and its securities, including fully paid ordinary shares, listed options and performance rights, are traded on the ASX, attracting both retail and institutional investors interested in healthcare and biotech exposure.

Average Trading Volume: 902,057

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$132.2M

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

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