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Pilbara Minerals ( (AU:PLS) ) has provided an update.
PLS Group Limited has disclosed a change in managing director Dale Henderson’s interests, with the issue of 200,759 fully paid ordinary shares under the company’s Loan Share Plan, as approved by shareholders at the November 2025 AGM. The new shares, funded via a $1 million limited recourse loan and subject to a four-year service-based vesting period ending in January 2030, increase Henderson’s indirect holding and further align executive incentives with long-term shareholder value through performance- and time-based equity awards.
The most recent analyst rating on (AU:PLS) stock is a Hold with a A$4.60 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
More about Pilbara Minerals
Pilbara Minerals, listed as PLS Group Limited on the ASX, operates in the resources sector with a focus on lithium, underpinning its position as a major supplier into battery and electric vehicle supply chains.
Average Trading Volume: 29,649,935
Technical Sentiment Signal: Buy
Current Market Cap: A$13.82B
For an in-depth examination of PLS stock, go to TipRanks’ Overview page.