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Vmoto Settles Employee Claim With Share Issue
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Vmoto Settles Employee Claim With Share Issue

Vmoto Limited (AU:VMT) has released an update.

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Vmoto Limited has issued 536,891 shares to settle an unfair dismissal claim with a former employee in Italy, valued at €38,000. This settlement is final, and the shares will be immediately tradable under Australian regulations. The move utilizes the company’s placement capacity, aligning with its strategic financial management.

For further insights into AU:VMT stock, check out TipRanks’ Stock Analysis page.

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