Northern Star director adjusts holdings with rights exercise and share trades

Stuart Peter Tonkin, a director at Northern Star Resources Ltd, reported a series of changes to his securities holdings as of August 27, 2025. These adjustments included the lapse of 152,198 performance rights. Concurrently, Tonkin exercised 250,000 performance rights into shares, with an exercise price of $18.217 per right.

Furthermore, Tonkin's indirect interests saw activity through associated entities. Stuart Tonkin SMSF Pty Ltd acquired 150,000 shares upon the exercise of performance rights, valued at $2,732,550, but also disposed of 100,000 shares via an on-market trade for $1,825,000 to meet future tax obligations. Gladstone Mining (WA) Pty Ltd acquired 100,000 shares through the exercise of performance rights, valued at $1,821,700.

Following these transactions, Tonkin's direct holding of performance rights decreased from 1,791,649 to 1,389,451. His indirect holdings of ordinary fully paid shares through Stuart Tonkin SMSF Pty Ltd increased to 150,000 shares, while Gladstone Mining (WA) Pty Ltd's holding now stands at 100,000 shares. The on-market trade by Stuart Tonkin SMSF Pty Ltd was executed at $18.25 per share.