---
title: "Lunnon Metals Discloses Director Liam Twigger’s Option Exercise and Revised Indirect Holdings"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296757325.md"
description: "Lunnon Metals disclosed that non-executive director Liam Twigger exercised 144,494 zero-price options into ordinary shares and disposed of an equivalent number of unlisted options. This internal rebalancing via family entities occurred on August 19, 2026, with no cash consideration. The transaction aligns board compensation with shareholder interests and ensures transparent governance under ASX rules."
datetime: "2026-08-24T08:27:54.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296757325.md)
  - [en](https://longbridge.com/en/news/296757325.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296757325.md)
generator: "portal-rs"
---

# Lunnon Metals Discloses Director Liam Twigger’s Option Exercise and Revised Indirect Holdings

The latest update is out from Lunnon Metals Limited ( (AU:LM8) ).

Lunnon Metals has disclosed a change in the indirect interests of non-executive director Liam Twigger, reflecting an internal rebalancing of his holdings via family-related entities. Twigger exercised 144,494 zero exercise price director fee options into ordinary shares, while an equivalent number of unlisted options were disposed, leaving him with a revised mix of shares and options held through his family trust and super fund, but no direct holdings. 

The transaction, executed at a face value of $0.285 per share on 19 August 2026, is part of the scheduled vesting and exercise of non-executive director fee options and does not involve cash consideration. The move underscores ongoing alignment of board compensation with shareholder interests, while signalling transparent governance as Lunnon Metals reports these changes to the market under ASX disclosure rules.

The most recent analyst rating on (AU:LM8) stock is a Buy  
 with a A$0.60 price target.  
 To see the full list of analyst forecasts on Lunnon Metals Limited stock,  
 see the AU:LM8 Stock Forecast page. 

**More about Lunnon Metals Limited**

Lunnon Metals Limited is an Australian mining company focused on exploring and developing nickel and other base metal assets. The company targets projects in established mineral districts, positioning itself to benefit from demand for battery metals and broader resource sector growth.

**Average Trading Volume:** 161,653

**Technical Sentiment Signal:** Sell

**Current Market Cap:** A$68.12M

For a thorough assessment of LM8 stock, go to TipRanks’ Stock Analysis page.

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