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Adacel Announces Executive Incentives and Contact Update
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Adacel Announces Executive Incentives and Contact Update

Adacel Technologies Limited (AU:ADA) has released an update.

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Adacel Technologies Limited has announced that it will be issuing 645,000 performance rights and 1,716,000 options to key executives as part of its long-term incentive plan, with the condition of achieving specific performance targets by FY2027. The company also reported a change in their principal administrative Australian office telephone number. Adacel, known for its advanced air traffic control simulation and training systems, is a significant player in global air space safety.

For further insights into AU:ADA stock, check out TipRanks’ Stock Analysis page.

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