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An announcement from AECI Ltd ( (GB:87FZ) ) is now available.
AECI Ltd announced a transaction involving the acceptance of an award of performance shares by its Chief Financial Officer, I Kramer, under the company’s Long-term Incentive Plan. The shares, valued at R5,949,966.30, will vest in 2025, subject to performance conditions, and represent a direct beneficial interest in the company. This move is part of AECI’s strategy to align executive incentives with company performance, potentially impacting its market positioning and stakeholder interests.
More about AECI Ltd
AECI Ltd is a company incorporated in the Republic of South Africa, known for its diverse portfolio in the chemicals and explosives industry. It focuses on providing innovative solutions and services across various sectors, including mining, agriculture, and food and beverage.
Technical Sentiment Signal: Strong Buy
Current Market Cap: £409.2M
Learn more about 87FZ stock on TipRanks’ Stock Analysis page.