Elixir Energy Director Adjusts Indirect Shareholding After Performance Rights Vesting
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Elixir Energy Limited announced a change in director Stuart Nicholls' indirect shareholding after 5 million performance rights vested and converted into ordinary shares. Following this, Nicholls' entities hold 11,158,666 shares, 10 million options, and 15 million performance rights. He sold 2 million shares at $0.0815 to cover tax obligations from the vesting. The latest analyst rating for Elixir Energy (AU:EXR) is a Hold with a price target of A$0.09. The company is focused on energy exploration and development, listed on the ASX with a market cap of A$147.9M.
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