Titomic director's share acquisition placed under voluntary escrow
Titomic Limited (ASX: TTT), a leader in cold spray additive manufacturing, has issued 35,000,000 fully paid ordinary shares to director Mr. Humphrey Nolan. This issuance was detailed in an Appendix 2A released to the ASX on December 4, 2025.
The company has entered into a voluntary escrow arrangement with Mr. Nolan for these shares, subjecting them to a 12-month escrow period. This decision stems from Titomic's ongoing work on potential near-term initiatives, which currently prevent the issuance of a cleansing notice related to Mr. Nolan's shares.
An Appendix 3Y Change of Director's Interest Notice further clarifies that Mr. Nolan's direct holdings increased from 17,500,000 ordinary shares and 35,000,000 share rights to 52,500,000 ordinary shares. This change, occurring on December 4, 2025, reflects the conversion of the 35,000,000 share rights into ordinary shares.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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