Scout Security Director’s Stake Surges

Scout Security Ltd. (AU:SCT) has released an update.

Scout Security Ltd. has announced a significant change in the interests of their Director, Ryan Michael McCall, who has acquired over 21 million ordinary shares and a similar number of unlisted options, as part of the conversion of a convertible loan. The shares were issued at $0.004 each and the options at no cost, significantly increasing McCall’s direct stake in the company.

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