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Aspermont Limited ( (AU:ASP) ) has issued an announcement.
Aspermont Limited announced the vesting and exercise of performance rights under its Incentive Performance Rights Plan. A total of 72,464 staff performance rights and 39,916,667 executive performance rights have been converted into ordinary shares. The remaining performance rights are contingent on milestones related to the company’s Return on Equity and Total Shareholder Return compared to the S&P ASX 300 index. This conversion reflects Aspermont’s ongoing commitment to aligning employee and executive incentives with shareholder interests.
More about Aspermont Limited
Aspermont is a leading media services provider catering to the global resource industries. The company has developed a commercial XaaS model for B2B media, distributing high-value content to a growing international audience. Aspermont is leveraging its expanding paid audience base to explore data monetization opportunities. The company is listed on the ASX and the Frankfurt Stock Exchange, with offices in several countries including the UK, Australia, Brazil, USA, Canada, Singapore, and the Philippines.
Technical Sentiment Signal: Sell
Current Market Cap: A$17.31M
For detailed information about ASP stock, go to TipRanks’ Stock Analysis page.