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Challenger Exploration Director Increases Stake

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Challenger Exploration Director Increases Stake

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Challenger Exploration Limited ( (AU:CEL) ) has shared an announcement.

Challenger Exploration Limited has announced a change in the director’s interest notice, specifically regarding Sonia Delgado’s holdings. Delgado has increased her direct interest in the company by acquiring 7,500,000 ordinary shares, bringing her total to 31,000,000 shares. This change was due to the exercise of vest performance rights, with the newly acquired shares valued at $937,500. This development indicates a significant increase in Delgado’s stake in the company, potentially reflecting confidence in the company’s future prospects.

More about Challenger Exploration Limited

Average Trading Volume: 3,878,358

Technical Sentiment Signal: Buy

Current Market Cap: A$300.9M

See more data about CEL stock on TipRanks’ Stock Analysis page.

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