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An announcement from DUG Technology Ltd ( (AU:DUG) ) is now available.
DUG Technology Ltd has granted 830,110 unlisted zero exercise price options (ZEPOs) under its Omnibus Long Term Incentive Plan, last approved by shareholders in November 2023, as part of its executive and staff remuneration framework. Of these, 369,728 ZEPOs have been awarded to the senior executive team with a three-year vesting period to 30 November 2027, subject to continued employment and performance hurdles split evenly between a relative Total Shareholder Return target against the S&P/ASX Small Ordinaries Index and a Return on Capital Employed target, both with pro-rata vesting scales and potential for above-target vesting. A further 460,382 ZEPOs have been granted to selected non-executive employees as retention awards, vesting after three years contingent on continued employment, reinforcing DUG’s focus on long-term performance, capital efficiency and talent retention through equity-linked incentives that align management and staff with shareholder outcomes.
The most recent analyst rating on (AU:DUG) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on DUG Technology Ltd stock, see the AU:DUG Stock Forecast page.
More about DUG Technology Ltd
DUG Technology Ltd is an Australian-listed technology company that operates an Omnibus Long Term Incentive Plan to reward and retain senior executives and key employees, aligning their interests with shareholders through equity-based incentives tied to market and financial performance metrics.
Average Trading Volume: 255,886
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$295.2M
Learn more about DUG stock on TipRanks’ Stock Analysis page.