---
title: "Boom Logistics Updates Director’s Holding After LTIP Rights Lapse"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296440718.md"
description: "Boom Logistics Ltd (AU:BOL) announced a change in director Lester Mark Stan Fernandez's holdings due to the lapse of 40,946 FY24 Long Term Incentive Plan performance rights on August 20, 2026. This administrative update reflects unvested rights expiry rather than trading activity. Fernandez now holds 88,435 performance rights and 14,002 shares. The disclosure ensures compliance with ASX rules. Analysts maintain a 'Buy' rating with a A$2.48 price target."
datetime: "2026-08-20T05:52:32.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296440718.md)
  - [en](https://longbridge.com/en/news/296440718.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296440718.md)
generator: "portal-rs"
---

# Boom Logistics Updates Director’s Holding After LTIP Rights Lapse

The latest announcement is out from Boom Logistics Ltd ( (AU:BOL) ).

Boom Logistics has reported a change in the securities held by director Lester Mark Stan Fernandez, reflecting the lapse of a portion of his FY24 Long Term Incentive Plan (LTIP) performance rights. Following the lapse of 40,946 FY24 LTIP rights on 20 August 2026, Fernandez now holds 88,435 performance rights and maintains an indirect holding of 14,002 fully paid ordinary shares via a custodian structure.

The adjustment in Fernandez’s holdings is administrative in nature and stems from the expiry of unvested FY24 LTIP rights, rather than any on-market trading or new acquisitions. This update underscores the company’s ongoing compliance with ASX director interest disclosure rules and provides transparency to shareholders regarding the status of executive incentive arrangements.

The most recent analyst rating on (AU:BOL) stock is a Buy  
 with a A$2.48 price target.  
 To see the full list of analyst forecasts on Boom Logistics Ltd stock,  
 see the AU:BOL Stock Forecast page. 

**More about Boom Logistics Ltd**

Boom Logistics Limited is an Australian company operating in the logistics and industrial services sector, with a focus on providing equipment and related services to support large-scale projects. The company is listed on the ASX and its governance disclosures include detailed reporting of director interests in company securities.

**Average Trading Volume:** 133,100

**Technical Sentiment Signal:** Strong Buy

**Current Market Cap:** A$75.79M

See more insights into BOL stock on TipRanks’ Stock Analysis page.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**