WIN Metals Ltd (ASX:WIN) has disclosed that two directors, Johannes Stig Norregaard and Scott Ridgill Perry, each acquired 20,000 Convertible Notes – September 2027 on 11 November 2026, following shareholder approval at the company's Annual General Meeting held on the same date.

Key Points

  • Directors Johannes Stig Norregaard and Scott Ridgill Perry each acquired 20,000 Convertible Notes – September 2027 on 11 November 2026.
  • Both acquisitions were made at $1.00 per Convertible Note via participation in the company's convertible note issue.
  • The convertible note issue followed receipt of shareholder approval at WIN Metals Ltd's AGM on 11 November 2026.
  • Norregaard's notes were acquired indirectly through Ivymax Pty Ltd as trustee for The S Norregaard Super Fund (Johannes Norregaard); Perry's notes were acquired indirectly through Carmen-ni Perry as trustee for The Perry Family Trust.

Johannes Norregaard Convertible Note Acquisition Details

According to the filing, Johannes Stig Norregaard acquired 20,000 Convertible Notes – September 2027 at $1.00 per note on 11 November 2026, held indirectly through Ivymax Pty Ltd as trustee for The S Norregaard Super Fund (Johannes Norregaard). Prior to the change, Norregaard's interests included, through Ivymax Pty Ltd as trustee for the Norregaard Family Trust, 8,759,784 fully paid ordinary shares, 29,361,200 options under WIN Metals Ltd's equity incentive plan, and 3,572,000 unlisted unvested performance rights as an STI. Additional holdings included 103,058 fully paid ordinary shares through one super fund trustee account and 87,415 fully paid ordinary shares through another.

Scott Perry Convertible Note Acquisition Details

Scott Ridgill Perry acquired 20,000 Convertible Notes – September 2027 at $1.00 per note on 11 November 2026, held indirectly through Carmen-ni Perry as trustee for The Perry Family Trust, of which Scott Perry is a beneficiary. Prior to the change, Perry's direct interest comprised 383,563 fully paid ordinary shares, while indirect interests held through The Perry Family Trust included 3,636,123 options under WIN Metals Ltd's equity incentive plan, 500,000 fully paid ordinary shares, and 250,000 unlisted options exercisable at $0.04 expiring 28 November 2027. No securities were disposed of in connection with either director's transaction.

AGM Approval and Closed Period Disclosure

The filing states that both acquisitions were made through participation in the company's convertible note issue following receipt of shareholder approval at WIN Metals Ltd's AGM on 11 November 2026. The filings were lodged on 12 November 2026. In both instances, the director interest notices confirm the interests were not traded during a closed period requiring prior written clearance. The previous director interest notice for Johannes Stig Norregaard was dated 22 December 2025, and for Scott Ridgill Perry was dated 4 December 2025.