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Prospect Resources Grants Additional Incentive Securities to Managing Director

Story Highlights
  • Prospect Resources issued new options and performance rights to managing director Samuel Hosack under shareholder-approved incentive plans.
  • The grant, made at no cash cost, increases Hosack’s option and performance-rights holdings to further align his interests with long-term shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Prospect Resources Grants Additional Incentive Securities to Managing Director

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Prospect Resources Ltd. ( (AU:PSC) ) has provided an announcement.

Prospect Resources has disclosed a change in the interests of managing director Samuel Hosack, following the issue of additional incentive securities approved by shareholders at the company’s 2025 annual general meeting. On 16 December 2025, Hosack, via his associated entities, was granted 1,202,000 unlisted options expiring in August 2029 with a zero exercise price and 1,201,384 performance rights expiring in July 2028, with no cash consideration payable. The new short-term and long-term incentive awards increase his holdings in options and performance rights while leaving his existing shareholdings unchanged, further aligning his remuneration with shareholder outcomes and long-term company performance.

The most recent analyst rating on (AU:PSC) stock is a Buy with a A$0.45 price target. To see the full list of analyst forecasts on Prospect Resources Ltd. stock, see the AU:PSC Stock Forecast page.

More about Prospect Resources Ltd.

Prospect Resources Limited is an ASX-listed company operating in the resources sector, with its securities comprising fully paid ordinary shares, unlisted options and performance rights typically used to incentivise and retain key management and directors.

Average Trading Volume: 604,992

Technical Sentiment Signal: Buy

Current Market Cap: A$169.2M

For detailed information about PSC stock, go to TipRanks’ Stock Analysis page.

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