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Xref director Thomas Stianos steps down but retains equity stake

Story Highlights
  • Xref director Thomas Stianos resigned from the board on 30 April 2026, as disclosed to the ASX.
  • Despite leaving the board, Stianos keeps 200,000 shares and 1.2 million options, maintaining a significant stake in Xref.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Xref director Thomas Stianos steps down but retains equity stake

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Xref Ltd ( (AU:XF1) ) has shared an announcement.

Xref Limited has disclosed that director Thomas Stianos ceased to be a board member on 30 April 2026, in line with ASX listing rule requirements. The company reported that Stianos retains interests in 200,000 fully paid ordinary shares and 1.2 million options under the Employee Incentive Plan, indicating an ongoing financial alignment with the company despite his board departure.

The notice clarifies that Stianos holds these options through Stianos Investments Pty Ltd, where he is both director and beneficiary. While no contractual interests were reported in connection with his resignation, the retained equity and options suggest continuity in his economic stake, providing transparency for shareholders about changes in governance and director holdings.

More about Xref Ltd

Xref Limited is an Australian-listed company that provides digital reference checking and employment verification solutions to businesses. Its platform supports recruitment and human resources functions, targeting organisations seeking to streamline hiring and compliance processes.

Average Trading Volume: 58,503

Technical Sentiment Signal: Sell

Current Market Cap: A$24.21M

See more data about XF1 stock on TipRanks’ Stock Analysis page.

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