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Waratah Minerals Director Options Lapse After Expiry

Story Highlights
  • Waratah Minerals director Naomi Scott allowed unlisted options to lapse, resulting in their cancellation after expiry.
  • Scott’s holdings now comprise only ordinary shares and performance rights, with no trades or consideration involved in the option expiry.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Waratah Minerals Director Options Lapse After Expiry

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The latest announcement is out from Battery Minerals Ltd. ( (AU:WTM) ).

Waratah Minerals has reported a change in director Naomi Scott’s holdings, confirming the lapse and cancellation of a series of unlisted options after their exercise period expired. Scott disposed of 66,667 unlisted options exercisable at $1.20 and 66,667 unlisted options at $1.65, both with a 31 March 2026 expiry, leaving her with ordinary shares and Class B performance rights only.

The company stated that no value or consideration was received for the expired options, as they were simply cancelled upon expiry and not traded. The notice clarifies that the transactions did not occur during a closed period and therefore did not require prior written clearance, signaling a routine cleanup of unexercised director incentives rather than an active on-market change in ownership.

The most recent analyst rating on (AU:WTM) stock is a Buy with a A$0.95 price target. To see the full list of analyst forecasts on Battery Minerals Ltd. stock, see the AU:WTM Stock Forecast page.

More about Battery Minerals Ltd.

Waratah Minerals Limited is an Australian-listed resources company focused on mineral exploration and development. The company’s securities include ordinary shares, unlisted options and performance rights traded on the ASX, reflecting its positioning within the mining and minerals sector.

Average Trading Volume: 1,051,962

Technical Sentiment Signal: Buy

Current Market Cap: A$224.9M

See more data about WTM stock on TipRanks’ Stock Analysis page.

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