RPMGlobal Employee Options Vest as Shares Soar

RPMGlobal Holdings Ltd (AU:RUL) has released an update.

RPMGlobal Holdings Ltd has announced that all zero-exercise price options (ZEPOs) granted to employees under their long-term incentive plan in 2021 have now vested, with the company’s share price outperforming the vesting conditions. The share price increased by 28.42%, which was 7.77% higher than the benchmark S&P ASX 300 Accumulated index over the three-year period. These options are part of a broader employee share option plan aimed at retaining key managers, and now represent about 2.38% of the company’s current share capital.

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