Centrex Limited Launches Employee Incentive Plan

Centrex Limited (AU:CXM) has released an update.

Centrex Limited has issued over 8.8 million Performance Rights to its long-term employees as part of its incentive plan to retain and motivate its workforce. These rights are subject to performance conditions and vesting periods, with the first tranche due by June 30, 2024, and the second by June 30, 2025. The initiative aims to align the interests of key staff with shareholder goals, enhancing focus on the company’s long-term objectives.

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