Strategic Energy Director’s Holdings Shift

Strategic Energy Resources Limited (AU:SER) has released an update.

Strategic Energy Resources Limited has disclosed a notable change in the holdings of Director Stuart Rechner, with a direct disposal of 4 million unlisted options and an indirect acquisition of 2 million fully paid ordinary shares. The transactions are a result of the lapse in part of the unlisted options due to unmet vesting conditions and the acquisition of shares following shareholder approval at the EGM. After these changes, Rechner directly holds 3 million shares and 6 million unlisted options, while indirectly holding 13.85 million shares.

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