tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Vertex Minerals Director Declan Franzmann Steps Down but Retains Indirect Stake

Story Highlights
  • Vertex Minerals has disclosed that director Declan Franzmann resigned from the board on 19 December 2025.
  • Franzmann holds no shares directly but retains significant indirect exposure via a related entity’s shares and performance rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vertex Minerals Director Declan Franzmann Steps Down but Retains Indirect Stake

Claim 70% Off TipRanks Premium

Vertex Minerals Ltd. ( (AU:VTX) ) has provided an update.

Vertex Minerals Limited has announced that director Declan Franzmann ceased to be a director of the company on 19 December 2025, as disclosed in a final director’s interest notice lodged with the ASX. At the time of his departure, Franzmann held no Vertex securities in his own name, but had indirect interests through related entity Citraen Pty Ltd , which holds 1,771,000 ordinary fully paid shares and 4,480,000 unlisted performance rights, indicating that he retains a significant economic exposure to the company despite stepping down from the board, a point of relevance for shareholders tracking changes in governance and insider holdings.

The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.

More about Vertex Minerals Ltd.

Vertex Minerals Limited is an Australian-listed resources company focused on mineral exploration and development, with its securities traded on the ASX under standard corporate governance and disclosure obligations.

Average Trading Volume: 1,276,978

Technical Sentiment Signal: Buy

Current Market Cap: A$75.93M

Learn more about VTX stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1