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West Coast Silver director reshapes disclosed equity interests

Story Highlights
  • Director Bruce Garlick rebalanced his direct and indirect holdings through option exercises and structural changes.
  • He exited interests via Royal Corporate Services while retaining his shareholding, simplifying disclosed exposure.
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West Coast Silver director reshapes disclosed equity interests

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Errawarra Resources Ltd. ( (AU:WCE) ) just unveiled an announcement.

West Coast Silver Limited has reported changes to the equity interests of director Bruce Garlick, primarily involving his direct and indirect holdings in the company’s shares, options and performance rights. The filing outlines adjustments across his personal account, superannuation entity and a formerly controlled corporate vehicle.

Garlick exercised 200,000 unlisted options at $0.117 each, increasing his directly associated shareholding via his superannuation structure while reducing his outstanding options. At the same time, he ceased to have a relevant interest in Royal Corporate Services Pty Ltd, resulting in the removal of his previously reported options and performance rights there, a shift that simplifies his disclosed exposure without altering his retained shareholding in the company.

More about Errawarra Resources Ltd.

Average Trading Volume: 2,574,533

Technical Sentiment Signal: Buy

Current Market Cap: A$55.62M

See more insights into WCE stock on TipRanks’ Stock Analysis page.

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