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Westar Resources Ltd. ( (AU:WSR) ) has issued an announcement.
Westar Resources Ltd has disclosed a substantial change in the indirect holdings of director Ben Donovan through ELOHIM Nominees Pty Ltd, reflecting a significant increase in his stake in the company via additional ordinary shares and incentive options. Following shareholder approval at the 2025 AGM, Donovan’s associated entity was issued 8,000,000 new ordinary shares at $0.005 per share and 20,000,000 incentive options, lifting his total indirect holdings to nearly 10 million ordinary shares plus performance rights, a move that increases his equity alignment with shareholders and may signal confidence in the company’s future performance.
More about Westar Resources Ltd.
Average Trading Volume: 1,254,514
Technical Sentiment Signal: Sell
Current Market Cap: A$2.75M
See more insights into WSR stock on TipRanks’ Stock Analysis page.