LCL Resources Director Christopher Knee Loses 5,937,500 Performance Rights on 30 October 2026 Expiry

Sonal Goyal

03 November 2026 08:45 PM AEDT

LCL Resources Director Christopher Knee Loses 5,937,500 Performance Rights on 30 October 2026 Expiry

Image Source: Krish Capital Pty Ltd

You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more

Start Your Free Trial Now!

LCL Resources Limited (ASX:LCL) has disclosed a change in the relevant interests of director Christopher Knee, following the lapsing of 5,937,500 unquoted performance rights held indirectly through Greystone Corporate Pty Ltd upon their expiry on 30 October 2026.

Key Points

5,937,500 performance rights expiring 30 October 2026 lapsed and were disposed of by Greystone Corporate Pty Ltd, in which Christopher Knee is a director and shareholder
No consideration was received for the lapsed performance rights
Following the change, Knee retains an indirect holding of 7,460,520 ordinary shares via the Mount Bedford Corporate A/C trust
Remaining indirect performance rights total 13,937,500, spread across three tranches expiring in October 2027, June 2028, and June 2029

Performance Rights Lapsing on Expiry

According to the filing lodged under ASX Listing Rule 3.19A.2, the change of director's interest occurred on 30 October 2026. The 5,937,500 performance rights that lapsed were unquoted and held indirectly through Greystone Corporate Pty Ltd, of which Christopher Knee is both a director and shareholder. The nature of the change was recorded as unquoted performance rights lapsing on expiry, with no consideration received. The interests were not traded during a closed period requiring prior written clearance.

Director's Securities Holdings After the Change

Following the lapsing of the expired tranche, Christopher Knee's indirect holdings through Greystone Corporate Pty Ltd consist of 5,937,500 performance rights expiring 30 October 2027, 4,000,000 performance rights expiring 1 June 2028, and 4,000,000 performance rights expiring 1 June 2029. In addition, Knee holds an indirect interest of 7,460,520 ordinary shares through the Mount Bedford Corporate A/C, in which he is both trustee and beneficiary. No direct interests were disclosed in the filing.

Prior Holdings Disclosed in the Filing

The filing states that prior to the 30 October 2026 change, Christopher Knee held, indirectly through Greystone Corporate Pty Ltd, a total of four tranches of performance rights: 5,937,500 expiring 30 October 2026, 5,937,500 expiring 30 October 2027, 4,000,000 expiring 1 June 2028, and 4,000,000 expiring 1 June 2029. His indirect ordinary share holding of 7,460,520 shares via the Mount Bedford Corporate A/C remained unchanged. The previous director's interest notice for Christopher Knee was dated 3 June 2026.

Download Free Report – Explore 3 Stock Ideas & Industry Insights

Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.

All investments involve risk—consider independent advice before making any investment decisions.

View 3 Research Reports

Disclaimer:

This article (“Article”) has been prepared by Kalkine Pty Limited (ABN 34 154 808 312) (Australian financial services licence number 425376) (“Kalkine”) and its related bodies corporate who are authorised to provide general financial product advice. Kalkine.com.au and its associated pages are published by Kalkine.

Any information/advice provided in this article is general in nature and does not take into account your objectives, financial situation or needs. You should therefore consider whether the information is appropriate for your objectives, financial situation and needs before acting upon it.

There may be a Product Disclosure Statement, Information Memorandum or other offer document (“Offer Document”) for the securities or other financial products referred to in Kalkine articles. You should obtain a copy of the Offer Document and consider it before making any decision about whether to acquire the security or financial product.

Kalkine strongly recommends that you seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) before acting on any advice/information in this Article or on the Kalkine website. Not all investments are appropriate for all people.

The information in this Article and on Kalkine website has been prepared from a wide variety of sources, which Kalkine, to the best of its knowledge and belief, considers accurate. Kalkine has made every effort to ensure the reliability of the information contained in its articles (including this Article), newsletters and websites. All information represents our views at the date of publication and may change without notice.

The information in this Article does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products.

Kalkine does not issue, sell or deal in any financial products.

This Article may contain information on past performance of particular investments. Please note past performance is neither an indicator nor a guarantee of future performance.

To the extent permitted by law, and excluding any dishonesty or gross negligence by Kalkine, Kalkine disclaims and excludes all liability for any direct, indirect, implied, punitive, special, incidental or other consequential loss or damage arising from the use of or reliance on this Article, the Kalkine website and any information published on the Kalkine website without any warranties or representations by Kalkine to you. To the extent the law prohibits or limits this exclusion, Kalkine limits its liability to the resupply of services.

Please also read our Terms & Conditions and Financial Services Guide for further information.

Employees and/or associates of Kalkine and its related entities may hold interests in the securities or other financial products covered in this Article or on the Kalkine website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.

Some of the images/music that may be used in the Article are copyright to their respective owner(s). Kalkine does not claim ownership of any of the pictures displayed/music used in the Article unless stated otherwise. The images/music that may be used in the Article are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Kalkine Media Pty Ltd, an affiliate of Kalkine Pty Ltd, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.