DUG Technology Ltd (AU:DUG) has released an update.
DUG Technology Ltd, an Australian-based global tech company renowned for its advances in high-performance computing and big-data services, has released details regarding the terms of its Long-Term Incentive Plan (LTIP) Awards. The LTIP Awards, which are options with no exercise price, are set to expire on 30 June 2038, with vesting conditions tied to continuous employment until 31 October 2026 and provisions for automatic vesting upon a change of control. These options will contribute to the company’s growth strategy and incentivize employee performance, as DUG continues to innovate in software products and green computing solutions.
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