Ardea Resources Director Adjusts Shareholding

Ardea Resources Ltd. (AU:ARL) has released an update.

In a recent change of director’s interest notice, Ardea Resources Limited has reported that Director Norman Mathew Longworth has adjusted his holdings. Longworth converted 250,000 Class M Performance Rights into the same number of Fully Paid Ordinary Shares, priced at 67.5 cents each, following the achievement of specific performance hurdles. As a result, Longworth now holds a total of 986,428 Fully Paid Ordinary Shares among other performance rights.

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