Horizon Minerals directors boost holdings with new options

Three directors of Horizon Minerals Limited, Ashok Parekh, Grant Haywood, and Robert Waugh, have significantly increased their unlisted option holdings in the company. On December 3, 2025, each director acquired 2,000,000 unlisted options with an exercise price of A$0.12, expiring on September 30, 2028. These allotments were approved by shareholders at the annual general meeting held on November 28, 2025.

Following these changes, Ashok Parekh now holds 465,117 fully paid ordinary shares and 2,000,000 unlisted options. Grant Haywood's direct interest includes 2,500,000 Class D Performance Rights. Robert Waugh's direct interest now comprises 607,857 fully paid ordinary shares and 2,000,000 unlisted options.

Additionally, director Warren Hallam also acquired 2,000,000 unlisted options under the same terms and approval date. After this change, Hallam holds 1,730,361 fully paid ordinary shares, 12,845 unlisted options expiring on September 3, 2026, and 2,000,000 unlisted options expiring on September 30, 2028. These transactions reflect the directors' increased commitment to Horizon Minerals.