Quantum Graphite Limited (ASX:QGL) has disclosed a change in the relevant interests of director Bruno Ruggiero, following a series of on-market purchases of fully paid ordinary shares conducted between 23 October and 3 November 2026, with total consideration of $19,645.

Key Points

  • Director Bruno Ruggiero acquired 59,406 fully paid ordinary shares via on-market purchases across five trading dates in October and November 2026.
  • The total consideration paid for the acquired shares was $19,645.
  • Ruggiero's total holding in fully paid ordinary shares moved from 20,952,060 to 21,011,466 following the transactions.
  • The interest in the acquired shares is held indirectly through Ziziphus Pty Ltd.
  • The trades did not occur during a closed period requiring prior written clearance.

Details of On-Market Share Purchases

According to the filing lodged with ASX under Appendix 3Y, the share purchases were executed on 23 October, 28 October, 30 October, 2 November and 3 November 2026. The 59,406 fully paid ordinary shares were acquired through Ziziphus Pty Ltd, in which Ruggiero holds an indirect interest. No securities were disposed of during the relevant period. The total consideration for the acquisitions was $19,645, and no non-cash consideration was involved in the transactions.

Director's Securities Holdings Before and After Change

Prior to the change, Ruggiero held a combined total of 20,952,060 fully paid ordinary shares across direct and indirect interests. This comprised 14,164,314 shares held indirectly through Ziziphus Pty Ltd, 3,106,787 through Luala Pty Ltd, 3,166,673 through St Jude's Progeny Pty Ltd, and 514,286 shares held directly. Following the acquisition of 59,406 shares by Ziziphus Pty Ltd, the Ziziphus holding increased to 14,223,720 shares and the total across all interests rose to 21,011,466 fully paid ordinary shares.

Employee Incentive Options and Closed Period Confirmation

The filing also discloses that Ziziphus Pty Ltd holds 154,835 employee incentive options with a nil exercise price, expiring 22 December 2031. There was no change to the options position as a result of the transactions disclosed in this notice. The filing confirms the trades detailed in the notice were not conducted during a closed period in which prior written clearance would have been required, and accordingly no clearance was sought or granted in connection with these purchases.