PhosCo Ltd Director Increases Stake with New Share Acquisitions

PhosCo Ltd (AU:PHO) has released an update.

PhosCo Ltd announced a change in the director’s interest as Tarecq Elias Aldaoud acquired 318,550 fully paid ordinary shares and 5,000,000 performance rights, reflecting the company’s strategic allocation of shares in lieu of salary and performance incentives. This move, approved at the recent Annual General Meeting, signals shareholder confidence in the leadership and future direction of the company.

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