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ACG Metals Limited Class A ( (GB:ACG) ) has issued an update.
ACG Metals Limited has approved new awards and vesting events under its value creation plan and employee incentive plan, following a sharp rise in its share price from US$6 to US$15.06 and a tripling of market capitalisation since the start of the first measurement period. The remuneration committee has realigned the plans’ measurement and vesting dates with the company’s financial year, granted initial value creation awards in shares and options to senior executives, issued additional shares to key employees, and approved the first vesting tranches of earlier performance awards, while confirming that new shares will be admitted to trading in due course and that unvested awards remain subject to malus and clawback.
The most recent analyst rating on (GB:ACG) stock is a Buy with a £2100.00 price target. To see the full list of analyst forecasts on ACG Metals Limited Class A stock, see the GB:ACG Stock Forecast page.
More about ACG Metals Limited Class A
ACG Metals Limited is a London-listed mining company focused on the Gediktepe mine, with its shares trading on the London Stock Exchange. The group operates in the metals and mining sector and uses equity-based incentive structures to align management and key employees with shareholder value creation.
Average Trading Volume: 11,992
Technical Sentiment Signal: Buy
Current Market Cap: £357.8M
See more data about ACG stock on TipRanks’ Stock Analysis page.