EchoIQ Director Bolsters Stake with Options Purchase
Company Announcements

EchoIQ Director Bolsters Stake with Options Purchase

EchoIQ Limited (AU:EIQ) has released an update.

EchoIQ Limited has notified the ASX of a significant increase in Director Simon Tolhurst’s stake in the company through the acquisition of 7.1 million unlisted options via an off-market purchase. Tolhurst’s total holdings now include 120,000 Fully Paid Ordinary Shares and a combined 11.1 million options with varying expiry dates and exercise prices. The transaction, which did not involve any disposal of securities, reflects a notable change in the director’s interest in the firm.

For further insights into AU:EIQ stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!