Qantm Intellectual Property Ltd. (AU:QIP) has released an update.
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Craig Dower, a director at QANTM Intellectual Property Limited, has significantly increased his stake in the company, acquiring 992,157 Ordinary Fully Paid Shares upon the vesting of performance rights related to financial years 2022, 2023, and 2024. This acquisition is a result of a Scheme of Arrangement that led to the accelerated vesting of these rights, bringing Dower’s total holdings to 1,287,207 shares. The shares were obtained with nil consideration, indicating no cash was paid for the transaction.
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