SmartPay Holdings Limited (DE:KX2) has released an update.
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SmartPay Holdings Limited has issued over 5 million share performance rights to its executive and management teams as part of its Long Term Incentive Plan, with vesting dependent on meeting specific revenue and EBITDA targets from 2024 to 2027. Additionally, Managing Director Martyn Pomeroy’s remuneration includes a significant LTI component of share performance rights, which vest annually based on the company’s financial performance. The company also plans to implement a share buyback program to support the obligations arising from vested share performance rights.
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