Director’s Increased Stake in Resources & Energy Group

Resources & Energy Group Limited (AU:REZ) has released an update.

Resources & Energy Group Limited has issued a director’s interest notice, detailing a transaction involving Director Gavin Rezos. Rezos’s indirect interest increased by 4,166,667 shares due to shareholder-approved issuance to Vivien Enterprises Limited to settle outstanding service invoices, with shares issued at $0.012 each. Following the transaction, Rezos now holds 18,770,366 ordinary shares and 10,500,000 options with varying exercise prices and expiry dates.

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