Tourism Holdings Limited (AU:THL) has released an update.
Tourism Holdings Limited announced the expiration of a significant number of unexercised options under two of its incentive schemes, affecting 19.53% and 3.93% of their respective total classes of financial products. The unlisted options, tied to the Long Term Incentive Scheme 2017 and the THL Retention Scheme for FY21, were not exercised due to unmet vesting terms. This capital change is a result of the company’s internal resolution and reflects adjustments in the total number of financial products post-expiration.
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