Structural Monitoring Systems Shs Chess Depository Interests (AU:SMN) has released an update.
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Structural Monitoring Systems PLC has announced the issuance of 585,000 unlisted options under an employee incentive scheme. These options, with an exercise price of $0.69 and an expiry date in December 2027, are currently unquoted on the ASX. This move is part of the company’s strategy to incentivize staff and align their interests with shareholders.
For further insights into AU:SMN stock, check out TipRanks’ Stock Analysis page.