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Premier1 Lithium Director’s Options and Performance Rights Lapse After Conditions Not Met

Story Highlights
  • Premier1 Lithium reported changes to director Jason Froud’s indirect equity interests.
  • A large tranche of Froud’s options and performance rights lapsed with no consideration after conditions failed.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Premier1 Lithium Director’s Options and Performance Rights Lapse After Conditions Not Met

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The latest announcement is out from SensOre Ltd ( (AU:PLC) ).

Premier1 Lithium Limited has disclosed a change in director Jason Froud’s interests, reflecting the lapse of certain equity-based incentives. Froud, who holds his interests indirectly through JF & LS Pty Ltd ATF JF & LS Super Fund and Arc Geoscience Pty Ltd, saw 500,000 unlisted options and 5.5 million performance rights lapse at no consideration after their conditions were not met or became incapable of being satisfied, resulting in a reduced pool of potential future equity while leaving his existing shareholding and remaining options intact.

The most recent analyst rating on (AU:PLC) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on SensOre Ltd stock, see the AU:PLC Stock Forecast page.

More about SensOre Ltd

Premier1 Lithium Limited is an ASX-listed resources company focused on lithium exploration and development. The company operates within the broader battery metals sector, seeking to advance lithium projects that can support growing demand from the electric vehicle and energy storage markets.

Technical Sentiment Signal: Sell

Current Market Cap: A$5.63M

Learn more about PLC stock on TipRanks’ Stock Analysis page.

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