Bhagwan Marine Ltd. (AU:BWN) has released an update.
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Bhagwan Marine Ltd. has announced the issuance of 2,250,808 unquoted performance rights as part of their long-term incentive plan. These securities, issued under an employee incentive scheme, will not be quoted on the ASX until transfer restrictions are lifted. This move is seen as a strategic step to enhance employee engagement and align interests with company performance.
For further insights into AU:BWN stock, check out TipRanks’ Stock Analysis page.