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Tolu Minerals Limited ( (AU:TOK) ) has issued an announcement.
Tolu Minerals Limited has reported a change in director Howard Lole’s interests, with an associated entity, Gusaba Company Limited, disposing of 1,000,000 fully paid ordinary shares in an on‑market broker crossing for consideration of $1,500,000. Following the transaction, Gusaba Company Limited’s holding in Tolu Minerals decreased to 14,800,900 shares, while Lole’s direct shareholding was unchanged.
The company also confirmed that Lole’s interest in 250,000 performance rights, held via Gusaba Company Limited under an executive services agreement with Tolu Minerals, remains unchanged after the share sale. The notice indicates the trade did not occur during a closed trading period, suggesting it was carried out in line with the company’s share trading policy and regulatory requirements for director dealings.
More about Tolu Minerals Limited
Tolu Minerals Limited is a listed resources company, with its securities traded on the ASX. The company operates in the mining and minerals sector, and its capital structure includes fully paid ordinary shares and performance rights issued to executives as part of their remuneration arrangements.
Average Trading Volume: 100,441
Technical Sentiment Signal: Buy
Current Market Cap: A$386.1M
See more data about TOK stock on TipRanks’ Stock Analysis page.