Global Uranium and Enrichment Director’s Performance Rights Lapse
Global Uranium and Enrichment Limited announced that director Andrew Ferrier's 800,000 Class C performance rights have lapsed, as per ASX listing rules. He now holds 1,717,391 fully paid ordinary shares and 500,000 unlisted options exercisable at $0.15, expiring on 14 November 2026. This change reduces his performance-based equity exposure but maintains significant shareholding. The adjustment may influence investor perceptions of management's incentive structure. The company operates in the uranium and enrichment sector, with a market cap of A$34.62M and an average trading volume of 1,440,976.