Iperionx Limited (AU:IPX) has released an update.
IperionX Limited has issued a notice of change in the interest of Director Todd Hannigan, who acquired 478,000 restricted stock units without disposing of any, as part of compensation arrangements following shareholder approval. The change, which took place on April 19, 2024, has resulted in Hannigan’s total holdings including over 17 million ordinary shares and various classes of performance shares and options. This change reflects a significant investment by the director in the company with the restricted stock units set to vest over the next three years.
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