EROAD Issues Shares Under Long-Term Incentive Plan
EROAD Limited has announced the issuance of 117,671 ordinary shares under its FY25 Long-Term Incentive Plan, representing 0.063% of total financial products. This move aims to reward participants in the plan. Additionally, 90,329 PSRs lapsed due to tax liabilities, and 483,245 PSRs lapsed as performance conditions were not met, affecting the incentive structure. EROAD operates in the technology sector, providing electronic solutions for road user charging and fleet management.
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