Altech Chemicals Limited (AU:ATC) has released an update.
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Altech Batteries Ltd has announced the issuance of 1.6 million unquoted performance rights as part of an employee incentive scheme. These securities are not intended to be listed on the ASX, reflecting the company’s strategic move to motivate and retain its workforce. Investors may view this as a positive step towards aligning employee interests with shareholder value.
For further insights into AU:ATC stock, check out TipRanks’ Stock Analysis page.
