HiTiQ Director Earl Eddings Boosts Indirect Shareholding by 538,000 Shares for $5,602.71

Earl Eddings Expands Super Fund Stake in HiTiQ with On-Market Share Purchase

Director Earl Eddings reported a change in his relevant interests in HiTiQ Limited securities following on-market acquisitions on 13 and 14 July 2026. The shares were purchased via E4 Super Pty Ltd ATF E4 Family Super Fund, where Mr Eddings is a beneficiary. The total of 538,000 fully paid ordinary shares was acquired for $5,602.71, as outlined in the Appendix 3Y notice filed with the ASX.

This disclosure complies with ASX Listing Rule 3.19A.2 and section 205G of the Corporations Act, requiring prompt notification of director interest changes. Mr Eddings’s previous disclosure was on 10 June 2026. The company confirmed the trades were not conducted during a closed period and no prior clearance was needed, aligning with HiTiQ’s trading policies.

Detailed Overview of Earl Eddings’s Direct and Indirect Holdings Before and After Acquisition

Before the transaction, Mr Eddings held 7,418,340 fully paid ordinary shares directly, along with 29,610 listed options exercisable at $0.022 expiring 31 December 2028, and 5,250,000 performance rights. These direct holdings remained unchanged by the recent purchase. Indirectly, through the super fund, he held 8,996,327 fully paid ordinary shares and 909,091 listed options at the same exercise price and expiry.

Post-purchase, the super fund’s ordinary shares increased to 9,534,327, while the listed options remained steady at 909,091. No securities were sold in this transaction. Combining direct and indirect holdings, Mr Eddings now controls 16,952,667 fully paid ordinary shares. The company did not disclose the specific per-share prices for each trading day.

Structure and Pricing of the $5,602.71 Share Acquisition Over Two Trading Days

The shares were bought over two trading sessions on 13 and 14 July 2026, with a total cost of $5,602.71 for 538,000 shares. This suggests an average price of roughly $0.0104 per share, though exact daily volumes and prices were not detailed. Director purchases must be made through brokers at market prices, and the split across two days likely reflects order execution timing rather than strategy. The Appendix 3Y notice offers no additional commentary from Mr Eddings on the purchase rationale.

Performance Rights and Listed Options Holdings Remain Unchanged After July Transactions

While the super fund’s ordinary shares increased, Mr Eddings’s direct holdings of 5,250,000 performance rights remained intact with no reported changes. These rights typically vest upon meeting performance or service conditions, though specifics were not disclosed here.

Similarly, his direct holding of 29,610 listed options exercisable at $0.022 expiring 31 December 2028, and the super fund’s 909,091 options of the same class, were unaffected. In total, Mr Eddings holds 938,701 listed options across direct and indirect interests, alongside the performance rights, representing potential future share exposure subject to exercise conditions.

HiTiQ Confirms Compliance with Closed Period Rules for Director Share Purchases

The Appendix 3Y filing confirms that these trades did not occur during a closed period requiring prior written clearance. Closed periods typically precede major financial disclosures and prevent insider trading on material non-public information. The timing of these purchases complies with HiTiQ’s securities trading policy and ASX Listing Rules, serving as a standard compliance confirmation rather than indicating any imminent corporate event.

Implications of Superannuation Fund Structure on Shareholding Classification

The shares were acquired through E4 Super Pty Ltd ATF E4 Family Super Fund, a self-managed superannuation fund. Under ASX and Corporations Act rules, Mr Eddings must declare this as an indirect interest because the trustee, E4 Super Pty Ltd, holds the shares on behalf of the fund beneficiaries. This structure is common among senior executives holding shares within personal superannuation arrangements.

Distinguishing direct from indirect interests clarifies the registered holder and the director’s economic exposure. Although Mr Eddings does not hold these shares in his name, he benefits economically as a fund beneficiary. The disclosure ensures full market transparency of his total securities exposure. No contract interests were reported in this notice.

Investor Perspective: Director Buying Signals and Market Considerations for HiTiQ

Director share purchases often signal insider confidence due to access to non-public company information. However, investors should interpret this modest $5,602.71 purchase cautiously, especially since no explanation accompanied the transaction. The acquisition through the super fund may reflect routine portfolio management rather than a strategic market signal.

The immediate impact on HiTiQ’s share price was unclear. Investors tracking director activity should consider this alongside broader company performance, financial health, and strategic updates. Mr Eddings’s prior director interest notice was filed on 10 June 2026, indicating ongoing disclosure activity.

About HiTiQ Limited and Its Role as an ASX-Listed Technology Company

HiTiQ Limited is a technology company listed on the ASX. This update focuses solely on director Earl Eddings’s securities interest changes and does not cover the company’s broader operations, products, or financial results. For a comprehensive understanding of HiTiQ’s business and strategy, investors should review recent annual reports, half-year results, investor presentations, and other official disclosures.

Director interest notices like this Appendix 3Y filing are standard governance requirements for ASX-listed companies, providing transparency about insider trading activity. This disclosure updates the market on Mr Eddings’s combined direct and indirect holdings as mandated by law. Investors should watch for further director trades or substantive company announcements to gain additional insights into HiTiQ’s progress.