Pure One Director Prefontaine Increases Stake via Approved Share Placement

An update from Pure Hydrogen Corporation Limited Registered Shs ( (AU:P1E) ) is now available.

Pure One Corporation Limited has disclosed a change in the interests of director Ron Prefontaine, who has increased his holdings through participation in a previously approved share placement. Through the Prefontaine Super Fund account, he acquired 294,118 ordinary shares and 147,059 unlisted options for A$25,000 in cash, lifting his total beneficial holding to 19,034,403 ordinary shares and adding the options with a 2028 expiry. This incremental investment underscores continued insider support for the company’s capital-raising program and signals confidence from a key director, which may be viewed positively by shareholders monitoring board alignment and future dilution impacts.

The most recent analyst rating on (AU:P1E) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Pure Hydrogen Corporation Limited Registered Shs stock, see the AU:P1E Stock Forecast page.

More about Pure Hydrogen Corporation Limited Registered Shs

Pure One Corporation Limited, also associated with the listed entity Pure Hydrogen Corporation Limited Registered Shs, operates in the energy sector, with a focus on hydrogen-related activities and associated corporate investment structures. The company’s capital management and governance processes include regular equity placements and director participation, reflecting an active approach to funding and alignment of management interests with shareholders.

Average Trading Volume: 444,901

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$31.08M

See more data about P1E stock on TipRanks’ Stock Analysis page.