Generation Development Group Rewards Employees with Share Rights

Generation Development Group Limited (AU:GDG) has released an update.

Generation Development Group Limited has announced the vesting of over 1.6 million rights from FY21, leading to the issuance of the same number of fully paid ordinary shares. Additionally, the company has granted approximately 1.3 million new rights to eligible participants, which are set to vest over a three-year period based on the achievement of specific company performance targets. These equity incentives are designed to align employee interests with company performance and aid in the retention of key staff.

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