Sims Limited
announced a change in director Stephen Mikkelsen's shareholding after he acquired 38,970 ordinary shares on 15 September 2026 through the company's Short-term Incentive Plan. These shares are subject to a mandatory holding period until 31 August 2028.
Key Points
- On 15 September 2026, Stephen Mikkelsen acquired 38,970 ordinary shares under Sims Limited's Short-term Incentive Plan.
- The shares were valued at an average price of $24.01 each and carry a holding period until 31 August 2028.
- Post-acquisition, Mikkelsen's indirect ordinary shareholding increased to 284,333, while his direct holding of 4,600 shares and 391,815 performance rights remained unchanged.
- No trading occurred during a closed period, so no prior written clearance was necessary.
Details of Share Acquisition via Short-Term Incentive Plan
Per the filing submitted on 18 September 2026, Sims Limited director Stephen Mikkelsen acquired 38,970 ordinary shares on 15 September 2026 under the Short-term Incentive Plan at an average price of $24.01 per share. These shares are subject to a two-year holding period, restricting sale or transfer until 31 August 2028. No securities were sold as part of this tra...