Yancoal Australia Ltd. (AU:YAL) has released an update.
Yancoal Australia Ltd has issued 16,541 deferred share rights to Co-Vice Chairman and Director Mr Ning Yue under its Equity Incentive Plan, as part of a short-term incentive strategy designed to align with the company’s financial and strategic goals. These rights, issued at no cost, will vest over two years with half maturing in March 2025 and the rest in March 2026, subject to board discretion. The shares resulting from the exercise of these rights will represent a minuscule portion of the company’s total issued share capital.
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