Spirit Technology Solutions Ltd. (AU:ST1) has released an update.
Spirit Technology Solutions Ltd. has announced the issuance of 5,081,973 new performance rights under its employee incentive scheme, which are set to be issued on June 14, 2024. These securities will be unquoted, meaning they are not intended to be traded on the Australian Stock Exchange (ASX). This action reflects the company’s ongoing efforts to incentivize its employees through equity-based compensation.
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