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City Chic Collective Issues New Employee Share Rights

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City Chic Collective Issues New Employee Share Rights

City Chic Collective Limited ( (AU:CCX) ) just unveiled an update.

City Chic Collective Limited announced the issuance of 1,490,000 unquoted equity securities under an employee incentive scheme. These securities, classified as Employee Share Rights, are not immediately tradable on the ASX due to transfer restrictions. This move is likely aimed at motivating and retaining employees by aligning their interests with the company’s long-term performance.

More about City Chic Collective Limited

City Chic Collective Limited operates in the retail industry, focusing on fashion products. The company is known for its range of plus-size clothing, catering primarily to women, and has a significant presence in the market for inclusive fashion.

YTD Price Performance: 22.45%

Average Trading Volume: 817,500

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$46.8M

For an in-depth examination of CCX stock, go to TipRanks’ Stock Analysis page.

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