Adacel Technologies Limited (AU:ADA) has released an update.
Adacel Technologies Limited has announced that it will be issuing 645,000 performance rights and 1,716,000 options to key executives as part of its long-term incentive plan, with the condition of achieving specific performance targets by FY2027. The company also reported a change in their principal administrative Australian office telephone number. Adacel, known for its advanced air traffic control simulation and training systems, is a significant player in global air space safety.
For further insights into AU:ADA stock, check out TipRanks’ Stock Analysis page.