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RocketBoots Director Restructures Indirect Equity Interests via Unlisted Options

Story Highlights
  • RocketBoots director David Willington gained 1,000,002 unlisted options through an internal restructuring.
  • The non-cash reallocation adjusts Willington’s indirect equity exposure without any securities being sold.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
RocketBoots Director Restructures Indirect Equity Interests via Unlisted Options

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RocketBoots Ltd. ( (AU:ROC) ) has provided an update.

RocketBoots Ltd has disclosed a change in director David Willington’s indirect interests, following an internal restructuring of holdings associated with Bombora Investment Management. Through Almonta Nominees Pty Ltd as trustee for Almonta Capital Trust, of which he is a beneficiary, Willington has been allotted a total of 1,000,002 unlisted options across three series, with exercise prices ranging from A$0.12 to A$0.18 and expiring on 18 December 2029, for a nominal non-cash consideration of A$3.00. The move reflects a reorganisation rather than a market transaction, signalling an adjustment in the structure of the director’s exposure to RocketBoots’ equity without any disposal of securities.

The most recent analyst rating on (AU:ROC) stock is a Hold with a A$0.42 price target. To see the full list of analyst forecasts on RocketBoots Ltd. stock, see the AU:ROC Stock Forecast page.

More about RocketBoots Ltd.

Average Trading Volume: 582,224

Technical Sentiment Signal: Buy

Current Market Cap: A$71M

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

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