Ballard Mining Limited (ASX:BM1) has disclosed that director Paul Brennan acquired 50,000 fully paid ordinary shares in the company through an on-market purchase on 30 October 2026, at a total consideration of $29,244.13, according to a Change of Director's Interest Notice lodged with the ASX.

Key Points

  • Director Paul Brennan purchased 50,000 fully paid ordinary shares on 30 October 2026 via an on-market trade
  • Total consideration paid for the acquired shares was $29,244.13
  • The 50,000 shares are held indirectly through Hadrey Pty Ltd, Hadrey Family A/C, as beneficiary
  • Brennan also holds 4,500,000 Performance Rights subject to various vesting conditions and 1,000,000 unlisted options exercisable at $1.10, expiring 4 September 2031
  • The trade did not occur during a closed period requiring prior written clearance

On-Market Share Purchase by Director Paul Brennan

According to the filing, the change of director's interest was lodged under ASX Listing Rule 3.19A.2 and section 205G of the Corporations Act. The securities acquired consist of 50,000 fully paid ordinary shares in Ballard Mining Limited, purchased on the open market on 30 October 2026. The total consideration for the transaction was $29,244.13. No securities were disposed of in connection with this transaction. The previous notice relating to Paul Brennan's interests in the company was dated 7 September 2026, according to the disclosure.

Post-Transaction Securities Holdings for Paul Brennan

Following the on-market purchase, Paul Brennan's disclosed holdings in Ballard Mining Limited include direct interests comprising 4,500,000 Performance Rights subject to various vesting conditions, and 1,000,000 unlisted options exercisable at $1.10 per share, with an expiry date of 4 September 2031. In addition, the 50,000 fully paid ordinary shares are held indirectly through Hadrey Pty Ltd under the Hadrey Family A/C, in which Brennan is named as beneficiary. No direct holding of fully paid ordinary shares was disclosed prior to this change.

Closed Period and Contract Interest Disclosures

The filing confirms that the interests in securities detailed in the notice were not traded during a closed period in which prior written clearance was required, with the closed period questions recorded as not applicable. The disclosure further states that there were no changes to director's interests in contracts under Part 2 of the notice, with all fields relating to contract interests returned as nil or not applicable. The filing was submitted by Ballard Mining Limited, which holds ABN 73 685 311 577, in accordance with applicable ASX listing rules.