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EnviroSuite Ltd Issues New Shares Through Employee Performance Rights Conversion

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EnviroSuite Ltd Issues New Shares Through Employee Performance Rights Conversion

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The latest announcement is out from EnviroSuite Ltd ( (AU:EVS) ).

EnviroSuite Ltd has issued 105,892 fully paid ordinary shares following the conversion of performance rights held by an employee, without requiring a prospectus or product disclosure statement. This issuance aligns with the company’s compliance with relevant provisions of the Corporations Act, indicating a streamlined approach to managing employee incentives and maintaining regulatory adherence.

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

More about EnviroSuite Ltd

EnviroSuite Ltd operates in the environmental technology industry, providing advanced software solutions for environmental monitoring, management, and compliance. The company focuses on delivering services that help industries and governments manage environmental impacts effectively.

Average Trading Volume: 3,103,672

Technical Sentiment Signal: Hold

Current Market Cap: A$120.2M

Find detailed analytics on EVS stock on TipRanks’ Stock Analysis page.

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