PointsBet Holdings Ltd. (AU:PBH) has released an update.
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PointsBet Holdings Ltd. has applied for the quotation of new securities, with executives, including the Group CEO, electing to receive their FY24 Short-Term Incentive (STI) bonuses in restricted shares instead of cash, subject to a 12-month lock-up period. The company is set to quote 2,664,248 ordinary fully paid securities following approval at the Annual General Meeting. This move indicates a strong commitment from the leadership team, aligning their interests with the company’s long-term performance.
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