Strickland Metals Director’s Stake Boosted by Incentive Scheme

Strickland Metals Ltd (AU:STK) has released an update.

Strickland Metals Ltd has announced a significant change in director Paul L’Herpiniere’s interests, acquiring 12 million performance rights under the company’s Employee Incentive Scheme, with varying vesting conditions based on future share price performance. The rights, obtained at no cost as part of an incentive plan approved by shareholders, bolster L’Herpiniere’s stake in the company, with the potential to greatly increase if the share price benchmarks are met by 2029.

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