tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

WIN Metals Director Increases Stake via Performance Rights Conversion

Story Highlights
  • WIN Metals director Johannes Norregaard exercised 7.68 million vested performance rights into ordinary shares.
  • The nil-cost conversion boosts his indirect shareholding and strengthens equity alignment with shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
WIN Metals Director Increases Stake via Performance Rights Conversion

Claim 70% Off TipRanks Premium

An announcement from Widgie Nickel Limited ( (AU:WIN) ) is now available.

WIN Metals Ltd has disclosed a change in director Johannes Stig Norregaard’s indirect interests following the exercise of 7,684,500 vested performance rights into fully paid ordinary shares. The transaction, conducted at no cash consideration as part of the company’s 2024–2025 short-term incentive award, increases Norregaard’s total indirect shareholding while leaving his existing options and unvested performance rights unchanged, marginally boosting management’s equity alignment with shareholders.

More about Widgie Nickel Limited

WIN Metals Ltd, also known as Widgie Nickel Limited, operates in the metals and mining sector, with a focus on nickel and related commodities. The company is listed on the ASX and uses equity incentive plans, including options and performance rights, to align director and executive remuneration with shareholder interests.

Average Trading Volume: 5,090,337

Technical Sentiment Signal: Hold

Current Market Cap: A$27.18M

For a thorough assessment of WIN stock, go to 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