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Skin Elements Limited ( (AU:SKN) ) just unveiled an announcement.
Skin Elements Limited has disclosed a substantial change in the holdings of director Peter Malone, reported as an indirect interest via several trustee and beneficiary structures. The filing details the issue of 400 million new ordinary shares at a deemed price of $0.002 per share in lieu of unpaid director fees, along with 200 million options exercisable at $0.006 expiring in December 2028, significantly increasing Malone’s equity and option exposure in the company and signalling both ongoing director support and notable dilution for existing shareholders.
More about Skin Elements Limited
Current Market Cap: A$11.5M
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