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Simble director Stephen Thornhill lifts stake through approved share and option issue

Story Highlights
  • Director Stephen Thornhill increased his Simble Solutions shareholding via a new issue.
  • His higher stake aligns director pricing with that of unrelated placement investors.
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Simble director Stephen Thornhill lifts stake through approved share and option issue

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Simble Solutions Ltd. ( (AU:SIS) ) has issued an update.

Simble Solutions has disclosed a change in the shareholding of director Stephen Thornhill following an issue of securities approved by shareholders. Thornhill acquired 4,000,000 ordinary shares at $0.005 each and 1,333,334 unlisted options exercisable at $0.01, which mature in April 2029.

Following the transaction, Thornhill’s holding increased to 19,031,111 ordinary shares and a total of 11,333,334 unlisted options across two series. The new securities were issued on the same terms as those offered to unrelated placement participants, indicating alignment between director and broader investor pricing in the recent capital raising.

More about Simble Solutions Ltd.

Simble Solutions Limited is an Australia-based company listed on the ASX. The firm operates in the technology and software sector, though this notice focuses specifically on director shareholdings rather than detailing its product suite or customer markets.

Current Market Cap: A$7.6M

Find detailed analytics on SIS stock on TipRanks’ Stock Analysis page.

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