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SiteMinder Limited Issues New Securities for Employee Share Trust

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SiteMinder Limited Issues New Securities for Employee Share Trust

An announcement from SiteMinder Limited ( (AU:SDR) ) is now available.

SiteMinder Limited has announced the issuance of 672,646 ordinary fully paid securities to Solium Nominees (AUS) Pty Ltd, the trustee of SiteMinder’s Employee Share Trust. This move is designed to facilitate the distribution of shares to management and employees upon the exercise of their options and performance rights, potentially enhancing employee engagement and aligning interests with company performance.

More about SiteMinder Limited

SiteMinder Limited operates in the technology industry, focusing on providing cloud-based software solutions for the hospitality sector. The company specializes in hotel management and distribution platforms, aiming to enhance hotel operations and guest experiences.

YTD Price Performance: -24.50%

Average Trading Volume: 1,063,080

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$1.28B

For a thorough assessment of SDR stock, go to TipRanks’ Stock Analysis page.

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