tiprankstipranks
Advertisement
Advertisement

SQX Resources Discloses Final Director Interest Notice for Departing Board Member

Story Highlights
  • SQX Resources reported that director Patrick Glovac resigned on 10 February 2026 while holding no shares directly.
  • The company detailed Glovac’s remaining indirect equity interests via related entities to maintain transparency for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SQX Resources Discloses Final Director Interest Notice for Departing Board Member

Claim 55% Off TipRanks

SQX Resources Limited ( (AU:SQX) ) has provided an announcement.

SQX Resources Limited has notified the ASX that director Mr. Patrick Glovac ceased to be a director on 10 February 2026, with this notice following his last disclosure dated 13 January 2026. The filing details that while he holds no securities as a registered holder, he has indirect interests in fully paid ordinary shares, preference shares and options through entities including Murdoch Capital Pty Ltd, Kcirtap Securities Pty Ltd and GTT Global Opportunities Pty Ltd, clarifying his remaining exposure to the company’s equity after his board departure.

The notice outlines that Murdoch Capital Pty Ltd, under the Glovac superannuation and family accounts, holds a mix of fully paid ordinary shares and performance-related securities, while Kcirtap Securities Pty Ltd holds options and GTT Global Opportunities Pty Ltd holds additional fully paid ordinary shares. This disclosure provides transparency to investors regarding Glovac’s ongoing financial interests in SQX Resources despite his resignation from the board, aligning with ASX corporate governance and continuous disclosure obligations.

The most recent analyst rating on (AU:SQX) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on SQX Resources Limited stock, see the AU:SQX Stock Forecast page.

More about SQX Resources Limited

SQX Resources Limited is an Australian-listed company, identified by ABN 91 659 090 338. The firm is listed on the ASX, but the release does not specify its industry, products, or services, providing only corporate and governance disclosure details related to its directors and securities.

Average Trading Volume: 298,693

Technical Sentiment Signal: Buy

Current Market Cap: A$12.47M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1