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Emyria Director Converts 2 Million Performance Rights Into Ordinary Shares

Story Highlights
  • Director Mohit Kaushal converted 2,000,000 performance rights into fully paid ordinary shares.
  • The nil-consideration conversion under the incentive plan boosts his direct shareholding and aligns interests with investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Emyria Director Converts 2 Million Performance Rights Into Ordinary Shares

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Emyria Ltd ( (AU:EMD) ) has shared an announcement.

Emyria Limited has disclosed a change in the interests of director Mohit Kaushal, who has converted 2,000,000 performance rights into 2,000,000 fully paid ordinary shares under the company’s Employee Securities Incentive Plan. The conversion, which involved no cash consideration, increases Kaushal’s direct holding in ordinary shares and reflects ongoing use of equity-based incentives to align executive interests with shareholders, without any indication of trading during a closed period or changes in contractual interests.

The most recent analyst rating on (AU:EMD) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Emyria Ltd stock, see the AU:EMD Stock Forecast page.

More about Emyria Ltd

Emyria Limited is an ASX-listed company; the release does not provide additional detail on its industry, products, or market focus.

Average Trading Volume: 2,464,968

Technical Sentiment Signal: Buy

Current Market Cap: A$49.06M

Learn more about EMD stock on TipRanks’ Stock Analysis page.

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