Gale Pacific Limited (AU:GAP) has released an update.
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Gale Pacific Limited has announced the issuance of 9,165,000 unquoted performance rights as part of an employee incentive scheme. These securities, set to be issued on December 30, 2024, are not intended to be listed on the Australian Securities Exchange (ASX). This move reflects Gale Pacific’s strategy to motivate and retain its workforce while potentially enhancing shareholder value.
For further insights into AU:GAP stock, check out TipRanks’ Stock Analysis page.