Ironbark Zinc Director’s Shares Affected by Stock Consolidation

Ironbark Zinc Ltd (AU:IBG) has released an update.

Ironbark Zinc Ltd has announced a significant change in its director Fred Hess’s shareholding due to a consolidation of share capital at a 125-for-1 ratio, resulting in a reduction of his ordinary shares from 13,745,904 to 109,968. This move, approved by shareholders, reflects the company’s strategic decision to consolidate its stock structure, impacting both the director’s and potentially the broader market’s perception of the company’s value.

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