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Sunrise Energy Metals Director Converts Performance Rights into Ordinary Shares

Story Highlights
  • Sunrise Energy Metals converted director Sam Riggall’s 2026 performance rights into fully paid ordinary shares.
  • The no-cost conversion shifts Riggall’s remuneration mix toward ordinary equity, tightening alignment with shareholders’ interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sunrise Energy Metals Director Converts Performance Rights into Ordinary Shares

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An update from Sunrise Energy Metals ( (AU:SRL) ) is now available.

Sunrise Energy Metals has reported a change in the interests of director Sam Riggall, following the conversion of 193,683 unlisted performance rights (vesting 1 January 2026) into an equivalent number of fully paid ordinary shares at no cash consideration. The transaction, recorded as an indirect interest through Salitter Pty Ltd, alters the composition of Riggall’s equity-based remuneration from contingent performance rights to ordinary equity, modestly increasing his direct economic alignment with shareholders while leaving the overall scale of his holdings broadly intact.

The most recent analyst rating on (AU:SRL) stock is a Hold with a A$6.00 price target. To see the full list of analyst forecasts on Sunrise Energy Metals stock, see the AU:SRL Stock Forecast page.

More about Sunrise Energy Metals

Sunrise Energy Metals Limited is an Australian-listed resources company focused on energy-related metals. The company is involved in the development and production of metal assets used in emerging energy and technology markets, positioning it within the broader energy transition and battery materials sector.

Average Trading Volume: 652,105

Technical Sentiment Signal: Buy

Current Market Cap: A$940.9M

For a thorough assessment of SRL stock, go to TipRanks’ Stock Analysis page.

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