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Sky Metals Limited ( (AU:SKY) ) has provided an announcement.
Sky Metals Limited has disclosed a change in the shareholding of director Oliver Davies, in line with ASX listing rule 3.19A.2 requirements. The notice details an adjustment to his holding of fully paid ordinary shares in the company.
Davies disposed of 5,000,000 fully paid ordinary shares at $0.155 per share in an off-market transaction on 26 February 2026. The sale was executed to fund an income tax liability arising from the conversion of Sky Metals performance rights, reducing his holding to 14,283,191 shares and clarifying his ongoing equity exposure for investors.
The most recent analyst rating on (AU:SKY) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Sky Metals Limited stock, see the AU:SKY Stock Forecast page.
More about Sky Metals Limited
Sky Metals Limited is an Australian publicly listed company focused on mineral exploration and development. The company’s securities are traded on the ASX, and it issues fully paid ordinary shares and performance rights as part of its capital and executive remuneration structure.
Average Trading Volume: 2,392,708
Technical Sentiment Signal: Buy
Current Market Cap: A$163.1M
For detailed information about SKY stock, go to TipRanks’ Stock Analysis page.