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Asiamet Resources Opts for Share-Based Compensation for Directors and Employees

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Asiamet Resources Opts for Share-Based Compensation for Directors and Employees

Confident Investing Starts Here:

The latest update is out from Asiamet Resources ( (GB:ARS) ).

Asiamet Resources Limited, a company involved in resource extraction, has announced that its directors and executive chairman will receive their 2023 fees in the form of new common shares instead of cash, using a volume-weighted average price mechanism. Additionally, the company will issue performance rights shares to certain employees as long-term incentives. This move, which aligns the interests of directors and employees with shareholders, will increase the total number of voting shares, potentially impacting shareholder calculations and disclosures.

More about Asiamet Resources

YTD Price Performance: 0%

Average Trading Volume: 2,182,753

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £22.89M

For detailed information about ARS stock, go to TipRanks’ Stock Analysis page.

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