Kalina Power (ASX:KPO) Discloses Director Option Exercises

Sonal Goyal

13 October 2026 04:31 PM AEDT

Kalina Power (ASX:KPO) Discloses Director Option Exercises

Image Source: Shutterstock

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!

Highlights

Three directors exercised unlisted options at AUD 0.02 per share.
The exercises covered 10 million shares in total.
Kalina’s Canadian development plans include gas-fired power plants incorporating carbon capture.

Kalina Power Limited (ASX:KPO) is a power project developer with proposed projects in Alberta, Canada. Director interest notices lodged on 9 October 2026 recorded the exercise of unlisted options by Stephen White, Ross MacLachlan and Matt Jenkins.

Exercise Amounts

White exercised options for 1,875,000 shares for AUD 37,500. MacLachlan exercised options for 5,000,000 shares for AUD 100,000. Jenkins exercised options for 3,125,000 shares for AUD 62,500. Each exercise used a price of AUD 0.02 per share.

Reported Holdings

Following the exercises, the disclosed share holdings were 38,632,903 for White, 134,584,874 for MacLachlan and 11,865,640 for Jenkins. Kalina Power (ASX:KPO) recorded these changes through its director interest notices.

Canadian Development Plans

Kalina Power (ASX:KPO) owns KALiNA Distributed Power, its Canadian subsidiary. The development strategy includes multiple proposed 170 MW natural-gas combined-cycle power plants incorporating carbon capture and storage in Alberta.

Development Status

Kalina Power (ASX:KPO) describes the Alberta plants as proposed projects incorporating carbon capture and storage. The director notices concern changes in personal securities interests and do not update the construction or commissioning schedule.

Key Insights

The Kalina Power (ASX:KPO) filing concerns paid option exercises, rather than the vesting of performance rights. The Canadian power projects remain a separate development workstream.

FAQs

Q: What securities were exercised?

A:Unlisted options at AUD 0.02 per share.

Q: How many shares were covered?

A:A combined 10 million shares across the three directors.

Q: What is planned in Alberta?

A:Multiple proposed 170 MW natural-gas combined-cycle plants incorporating carbon capture and storage.

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.