Base Resources (AU:BSE) has released an update.
Base Resources Limited has announced the exercise of 1,695,966 vested performance rights under its Long Term Incentive Plan, with participants receiving an equal number of fully paid shares at no cost. The exercised rights, stemming from the 2020 LTIP cycle, were tested for performance as of September 2023. This exercise has altered the company’s total securities, now comprising over 1.17 billion ordinary shares and around 70.34 million performance rights.
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