Altitude Minerals Ltd (ASX:ATT) has disclosed a change in the relevant interests of director Peter McIntyre, following the issue of 8,000,000 unquoted options as equity remuneration on 13 November 2026, as approved by shareholders on 11 November 2026.

Key Points

  • Director Peter McIntyre received 4,000,000 Options 4 and 4,000,000 Options 5, both issued to Labonne Enterprises Pty Ltd <McIntyre Family A/C> (Trust) at nil consideration.
  • Options 4 carry an exercise price of $0.01 and expire 31 October 2031; Options 5 carry an exercise price of $0.015 and expire 31 October 2031.
  • The options were issued as equity remuneration following shareholder approval granted on 11 November 2026, with the change recorded on 13 November 2026.
  • No securities were disposed of; the nature of the change was the issue of options, with no cash consideration paid.

Options Issued to Labonne Enterprises Trust

According to the filing, the change in director's interest occurred on 13 November 2026, when Labonne Enterprises Pty Ltd <McIntyre Family A/C> (Trust), in which Peter McIntyre is director and beneficiary, acquired 4,000,000 Options 4 and 4,000,000 Options 5. Both option classes are unquoted and carry an exercise price of $0.01 and $0.015 respectively, each expiring on 31 October 2031. The filing states the consideration for the issue was $Nil, and no securities were disposed of as part of the transaction.

McIntyre's Full Indirect Shareholding After the Change

Following the change, Peter McIntyre's indirect interests span several registered holders. Macallum Group Limited holds 25,799,980 shares; Labonne Enterprises Pty Ltd <McIntyre Family A/C> (Trust) holds 56,257,714 shares, 1,470,588 Quoted Options, 384,615 Options 1, 500,000 Options 2, 25,000,000 Options 3, 4,000,000 Options 4, and 4,000,000 Options 5. Super-related entities hold 1,991,538 shares, 1,180,236 shares, 1,750,000 shares, and 175,000 Quoted Options across three separate custodial arrangements.

Shareholder Approval and Option Class Specifications

The filing states the options were issued as equity remuneration following shareholder approval obtained on 11 November 2026. The filing defines five existing option classes in addition to the newly issued Options 4 and 5. Quoted Options carry an exercise price of $0.034 and expire 31 July 2027. Options 1 are unquoted with a $0.26 exercise price expiring 18 December 2026. Options 2 are unquoted at $0.15, expiring 31 July 2027. Options 3 are unquoted at $0.01, expiring 30 November 2028. The filing confirms no closed-period trading clearance was required.