tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

West Wits Director Increases Shareholding via Exercise of Performance Rights

Story Highlights
  • West Wits director Michael Quinert has increased his indirect shareholding by exercising vested performance rights.
  • The nil‑consideration conversion boosts his equity alignment with shareholders and reduces his remaining performance rights balance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
West Wits Director Increases Shareholding via Exercise of Performance Rights

Claim 50% Off TipRanks Premium

The latest update is out from West Wits Mining Limited ( (AU:WWI) ).

West Wits Mining Limited has disclosed a change in the indirect equity interests of director Michael Quinert, reflecting adjustments in his holdings in the company’s fully paid ordinary shares and performance rights held via his related entity, Kastin Pty Ltd. The director exercised vested performance rights, issued as incentive securities pursuant to shareholder approval at the 2025 annual general meeting, converting 7 million performance rights into fully paid ordinary shares at nil consideration and reducing his performance rights balance; as a result, his total indirect shareholding increased to 64,098,561 shares, a move that modestly strengthens director equity alignment with shareholders without involving any cash transaction or change in contractual interests.

The most recent analyst rating on (AU:WWI) stock is a Sell with a A$0.07 price target. To see the full list of analyst forecasts on West Wits Mining Limited stock, see the AU:WWI Stock Forecast page.

More about West Wits Mining Limited

Average Trading Volume: 13,550,286

Technical Sentiment Signal: Buy

Current Market Cap: A$347.5M

See more insights into WWI 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