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EROAD Limited Issues Shares Under Share Retention Plan

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EROAD Limited Issues Shares Under Share Retention Plan

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An update from EROAD ( (ERDLF) ) is now available.

EROAD Limited has announced the issuance of 59,223 ordinary shares as part of its Share Retention Plan, following a board resolution dated August 27, 2024. This issuance represents 0.03% of the total class of financial products and aims to reward participants under the plan. The shares, which are fully paid and rank equally with existing shares, contribute to a total of 187,469,855 ordinary shares in circulation. Additionally, 37,864 PSRs have lapsed to address participant tax liabilities, with no treasury stock held. This move reflects EROAD’s ongoing commitment to its remuneration framework and strategic growth initiatives.

More about EROAD

EROAD Limited operates within the technology sector, focusing on providing electronic solutions for road user charging, compliance, and commercial services. The company primarily offers products and services related to fleet management and vehicle telematics, targeting markets that require efficient transportation and logistics management.

See more data about ERDLF stock on TipRanks’ Stock Analysis page.

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