OpenLearning Ltd. (AU:OLL) has released an update.
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OpenLearning Limited has announced the issue of 5,880,000 performance rights and 1,000,000 options expiring in July 2029 at an exercise price of $0.05, both as part of an employee incentive scheme. These securities, detailed in the company’s recent Appendix 3G filing, will not be quoted on the ASX. This move could be indicative of OpenLearning’s strategy to incentivize their employees, potentially impacting the company’s future performance.
For further insights into AU:OLL stock, check out TipRanks’ Stock Analysis page.