Delta Galil Approves Options Allocation for Employees

An update from Delta Galil ( (IL:DELG) ) is now available.

Delta Galil’s board of directors approved the allocation of 60,000 options to purchase ordinary shares for employees who are not office holders. These options will vest over three years and are exercisable within two years from vesting, offering a cashless exercise mechanism, potentially enhancing employee participation and motivation in the company’s growth.

More about Delta Galil

Delta Galil is a company whose securities are listed on the Tel-Aviv Stock Exchange. It is involved in offering securities to employees and office holders, emphasizing a focus on equity-based compensation.

YTD Price Performance: 3.98%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.49B

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