NZME Ltd. Completes Share Issuance Under Incentive Plan
NZME Ltd. has completed the issuance of 1,219,343 ordinary shares under its 2021 incentive plan, fully exercising performance rights for that tranche. This issuance, authorized by the company's directors, accounts for 0.65% of the total class of financial products and is expected to enhance interest in NZME's stock. The shares are fully paid and rank equally with existing shares, presenting an opportunity for investors interested in NZME's market strategy.
NZME Ltd. (NZMEF) has released an update.
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NZME Ltd. has announced the issuance of 1,219,343 ordinary shares under its 2021 total incentive plan, marking the complete exercise of performance rights for that tranche. This move, authorized by the company’s directors, represents 0.65% of the total class of financial products, contributing to a growing interest in the company’s stock. These shares are fully paid and rank equally with existing shares, providing a unique opportunity for investors interested in NZME’s market strategy.
For further insights into NZMEF stock, check out TipRanks’ Stock Analysis page.
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