EchoIQ Limited (AU:EIQ) has released an update.
EchoIQ Limited has disclosed a significant change in Director Steve Formica’s interests, revealing the acquisition of 5 million fully paid ordinary shares through the exercise of options and the disposal of an equivalent number of unlisted options. Following the transaction, Formica’s indirect holdings via Stevsand and Formica Investments include over 27 million shares and various sets of unlisted options. The financial community is taking note of these changes as they may reflect the director’s confidence in the company’s future.
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