BlueBet Director Adjusts Shares Stake

BlueBet Holdings Ltd. (AU:BBT) has released an update.

Michael Sullivan, a director at BlueBet Holdings Ltd., has altered his stake in the company, acquiring 651,781 fully paid ordinary shares through the conversion of Performance Share Rights as part of the Employee Share Scheme. This transaction, which occurred on September 6, 2024, did not involve any cash consideration, as the shares were issued upon the satisfaction of certain conditions linked to the Performance Share Rights. Following the change, Sullivan’s direct holdings remain at 83,157,894 ordinary shares, with his indirect interests now including 6,413,685 ordinary shares and 804,823 Long-Term Incentive Plan (LTIP) Options, alongside a reduction in Performance Share Rights to 2,021,560.

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