Jumbo Interactive Limited (AU:JIN) has released an update.
Jumbo Interactive Limited has disclosed a change in Director Mike Veverka’s interest, where 5,736 vested Performance Rights were converted into shares with no cash consideration, valued at a deemed $81,000 upon issue. The change, effective 30th June 2024, leaves Veverka with an increased shareholding in the company but with fewer Performance Rights. This move demonstrates a shift in Veverka’s stake in the company, aligning his interests more closely with the performance of the share value.
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