tiprankstipranks

Western Yilgarn NL Updates Director’s Incentive Options

Story Highlights
  • Western Yilgarn NL issued 1,100,000 incentive options to director Pedro Kastellorizos.
  • The options align director incentives with market performance, impacting company strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Western Yilgarn NL Updates Director’s Incentive Options

The latest announcement is out from Pacific Bauxite Limited ( (AU:WYX) ).

Western Yilgarn NL has announced a change in the director’s interest, specifically involving Pedro Kastellorizos. The company issued 1,100,000 incentive options to Kastellorizos through Bluekebble Pty Ltd, with these options divided into three classes, each with specific vesting conditions tied to the company’s share price performance on the ASX. This move reflects the company’s strategy to align director incentives with market performance, potentially impacting its operational focus and stakeholder engagement.

More about Pacific Bauxite Limited

YTD Price Performance: 95.00%

Average Trading Volume: 181,165

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$4.47M

Learn more about WYX stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App