Mineral Resources Limited Updates Director’s Shareholding

Mineral Resources Limited ( (AU:MIN) ) has issued an update.

Mineral Resources Limited has announced a change in the director’s interest notice, affecting James McClements. McClements acquired an additional 1,418 ordinary shares as part of the company’s director fee remuneration arrangements, which stipulate that directors receive 50% of their fees in fully paid MinRes shares. This allotment pertains to director fees for the quarter ending 31 December 2024, with the share issue based on the volume weighted average price for the period. This announcement underscores MinRes’ commitment to aligning director interests with shareholder value through equity-based compensation.

More about Mineral Resources Limited

Mineral Resources Limited (MinRes) operates in the mining industry, primarily focusing on the production and supply of mineral and mining services. The company has a significant market focus on providing these services and products through various operations and projects.

YTD Price Performance: 2.18%

Average Trading Volume: 4,498

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $4.15B

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