European Resources Limited (ASX:ERE) has disclosed that director Jason Beckton acquired 700,000 fully paid ordinary shares on 5 November 2026 at a total consideration of $9,800, according to a Change of Director's Interest Notice lodged with the exchange on 9 November 2026.

Key Points

  • Jason Beckton acquired 700,000 fully paid ordinary shares on 5 November 2026 via an on-market purchase for $9,800.
  • Following the transaction, Beckton holds 9,708,886 fully paid ordinary shares, up from 9,008,886 prior to the change.
  • Beckton also holds 599,143 listed options expiring 1 August 2028 at $0.04, and 4,000,000 unlisted options expiring 18 December 2028 at $0.04, both unchanged.
  • The acquisition was not made during a closed period requiring prior written clearance.

On-Market Share Purchase by Director Jason Beckton

According to the filing lodged by European Resources Limited on 9 November 2026, director Jason Beckton completed an on-market purchase of 700,000 fully paid ordinary shares on 5 November 2026. The total consideration paid for the acquisition was $9,800. The notice was submitted in accordance with ASX Listing Rule 3.19A.2 and section 205G of the Corporations Act. The previous Change of Director's Interest Notice for Beckton was dated 18 May 2026, as stated in the filing.

Director's Securities Holdings After the Transaction

Following the on-market purchase, Jason Beckton's total holding of fully paid ordinary shares in European Resources Limited rose to 9,708,886, compared with 9,008,886 shares held prior to the change. The filing discloses that Beckton holds both direct and indirect interests. The indirect interest is held through Jason Michael Beckton and Denise Lea Gledhill as trustee for the Beckton Gledhill Family Trust, and through a company in which Beckton has an interest. No securities were disposed of in connection with this transaction.

Options Holdings Remain Unchanged

The filing confirms that Beckton's options holdings were not affected by the 5 November 2026 transaction. He continues to hold 599,143 listed options with an expiry date of 1 August 2028 and an exercise price of $0.04, as well as 4,000,000 unlisted options with an expiry date of 18 December 2028 and an exercise price of $0.04. No changes to director interests in contracts were reported. The filing states that the trade did not occur during a closed period requiring prior written clearance, and the notice was authorised for release by Company Secretary Richard Edwards.