archTIS Ltd. (AU:AR9) has released an update.
archTIS Limited Director Mr. Daniel Lai has altered his holdings in the company, acquiring 105,042 fully paid ordinary shares through the vesting of performance rights. This change, which involved no monetary consideration, increased his total ownership to 10,150,762 ordinary shares, while maintaining his existing options and performance rights. Such director dealings can be indicative of the company’s internal confidence and are often monitored by investors for insights into corporate health and governance.
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