Talga Group Ltd. (AU:TLG) has released an update.
Talga Group Ltd has announced changes in the interests of director Mark Thompson, detailing a disposal of shares held indirectly through two different entities. The shares in question were used as security for a Margin Loan Agreement with Equities First Holdings LLC, which has been terminated, resulting in the release of the shares. Post-change, Thompson retains indirect control over more than 12 million shares and has 4 million options exercisable at $1.12, subject to vesting conditions.
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