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EROAD ( (ERDLF) ) has shared an announcement.
EROAD Limited announced the issuance of 117,671 ordinary shares as part of its FY25 Long-Term Incentive Plan, following board resolutions. This issuance represents 0.063% of the total class of financial products and is aimed at rewarding participants under the incentive plan. Additionally, 90,329 PSRs lapsed due to tax liabilities, and 483,245 PSRs lapsed as performance conditions were not met, impacting the company’s incentive structure.
More about EROAD
EROAD Limited operates in the technology sector, focusing on providing electronic solutions for road user charging, compliance, and commercial services. The company primarily offers products and services that enhance fleet management and improve road safety, targeting the transportation and logistics industries.
Learn more about ERDLF stock on TipRanks’ Stock Analysis page.