Shape Australia Issues New Employee Incentive Securities

Shape Australia Corporation Limited (AU:SHA) has released an update.

Shape Australia Corporation Limited has announced the issuance of 1,024,914 new performance rights under its employee incentive scheme, which are set to be unquoted on the ASX. The performance rights were issued on September 30, 2024, as part of the company’s strategy to bolster employee participation in its growth. This move is not slated for public trading, keeping the securities within the company’s private domain.

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