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Pure One director’s 2 million options lapse, equity exposure trimmed

Story Highlights
  • Pure One reported a change in director Adam Giles’ relevant interests, complying with ASX rules.
  • Two million unlisted options held indirectly by Giles expired, leaving him with 200,000 shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pure One director’s 2 million options lapse, equity exposure trimmed

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Pure Hydrogen Corporation Limited Registered Shs ( (AU:P1E) ) has shared an announcement.

Pure One Corporation Limited has disclosed a change in director Adam Giles’ relevant interests, in line with ASX listing rule 3.19A.2 and Australian corporate law requirements. The filing clarifies that Giles holds his interest indirectly through Adgile Investments Pty Limited, where he is a director and shareholder.

According to the notice, 2,000,000 unlisted options over ordinary shares held by Giles, exercisable at $0.35 and expiring on 17 April 2026, have now lapsed. Following the expiry of these options at no consideration, Giles’ remaining holding stands at 200,000 ordinary shares, slightly reducing his potential equity exposure but not altering his direct shareholding level.

More about Pure Hydrogen Corporation Limited Registered Shs

Pure One Corporation Limited, also referred to as Pure Hydrogen Corporation Limited in market materials, is an Australia-listed company. It operates in the energy and resources sector, with its securities traded on the ASX and its governance subject to Australian corporate and securities regulation.

Average Trading Volume: 487,919

Technical Sentiment Signal: Sell

Current Market Cap: A$23.7M

For detailed information about P1E stock, go to TipRanks’ Stock Analysis page.

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