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Vulcan Steel Director Rhys Jones Sees Lapse of Performance Share Rights

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Vulcan Steel Director Rhys Jones Sees Lapse of Performance Share Rights

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The latest update is out from Vulcan Steel Ltd. ( (AU:VSL) ).

Vulcan Steel Ltd has disclosed a change in the equity interests of director Rhys Jones, following the automatic lapse of a portion of his performance share rights under the company’s long-term incentive plans. The notice to the ASX confirms that 198,894 performance share rights lapsed at no consideration on 1 January 2026, leaving Jones with unchanged holdings of ordinary shares but a reduced number of performance rights tied to the FY24 and FY25 incentive schemes, a move that modestly reshapes the director’s exposure to future equity-based remuneration without affecting the company’s current capital structure.

The most recent analyst rating on (AU:VSL) stock is a Hold with a A$6.25 price target. To see the full list of analyst forecasts on Vulcan Steel Ltd. stock, see the AU:VSL Stock Forecast page.

More about Vulcan Steel Ltd.

Average Trading Volume: 48,887

Technical Sentiment Signal: Sell

Current Market Cap: A$1.01B

For an in-depth examination of VSL stock, go to TipRanks’ Overview page.

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