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Vital Metals Director David Dikken Increases Indirect Shareholding via A$1.96m Placement

Story Highlights
  • Vital Metals director David Dikken increased his indirect stake by acquiring 18.7 million shares.
  • His holding rose to 47.29 million shares via an AGM-approved placement, signaling stronger insider alignment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vital Metals Director David Dikken Increases Indirect Shareholding via A$1.96m Placement

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Vital Metals Ltd ( (AU:VML) ) has shared an announcement.

Vital Metals Limited has disclosed a change in director David Dikken’s indirect interest in the company’s shares, lodged with the ASX under its continuous disclosure obligations. Through Strategic Resources LLC, where he is Managing Partner and CEO, Dikken acquired 18.7 million fully paid ordinary shares in Vital Metals for A$1,963,500 via a placement approved by shareholders at the company’s 2025 annual general meeting, increasing his total holding from 28.59 million to 47.29 million shares. The transaction was not conducted during a closed period and involves no associated change in contractual interests, indicating a substantial vote of confidence from a key insider and further alignment of the director’s interests with those of shareholders.

The most recent analyst rating on (AU:VML) stock is a Hold with a A$0.19 price target. To see the full list of analyst forecasts on Vital Metals Ltd stock, see the AU:VML Stock Forecast page.

More about Vital Metals Ltd

Vital Metals Limited is an Australian-listed resources company focused on the exploration and development of mineral projects, with its securities traded on the ASX. The company operates in the mining and resources sector, giving investors exposure to commodities through equity participation in its issued share capital.

Average Trading Volume: 458,132

Technical Sentiment Signal: Sell

Current Market Cap: A$26.37M

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

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