MIXED MARTIAL ARTS GROUP (MMA) director discloses indirect share and award stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
MIXED MARTIAL ARTS GROUP LTD director Paolone Richard filed an initial statement of beneficial ownership. Indirectly through 2818390 Ontario Corp., he reports 550,000 ordinary shares, 50,000 restricted share units and 81,579 Class B performance rights. The restricted share units vest 12 months from 24 November 2025 if his service continues, and the performance rights convert into ordinary shares only when specified operational and financial milestones are achieved. As of this report, none of these vesting or performance milestones have been met.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Paolone Richard
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Share Unit | -- | -- | -- |
| holding | Class B Performance Right | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Share Unit — 50,000 shares (Indirect, By 2818390 Ontario Corp.);
Class B Performance Right — 81,579 shares (Indirect, By 2818390 Ontario Corp.);
Ordinary Shares — 550,000 shares (Indirect, By 2818390 Ontario Corp.)
Footnotes (1)
- Restricted share units will vest 12 months from 24 November 2025, subject to continuing service by the reporting person through the vesting date. The vesting conditions have not been achieved as of the date of this report. Each performance right represents the right to receive a fully paid ordinary share subject to certain operational and financial milestones prior to the expiration date. The performance rights convert into ordinary shares as soon as the milestone is met. None of the milestones have been attained as of the date of this report. The reporting person has voting and investment control of this entity due to his 100% ownership of and role as sole director of the entity.
