Karoon Energy Ltd (AU:KAR) has released an update.
Karoon Energy Ltd has announced a significant change in director Dr. Julian Fowles’ stake in the company. Dr. Fowles exercised 461,469 unlisted performance rights, converting them into Ordinary Fully Paid shares, which increased his total shareholding to 1,549,795 shares. This transaction, which was carried out at no cost, reflects a notable adjustment in the director’s interest and may be of interest to shareholders and potential investors.
For further insights into AU:KAR stock, check out TipRanks’ Stock Analysis page.