Esports Mogul Limited (AU:LU7) has released an update.
Esports Mogul Limited has announced a change in the holdings of director Jingyuan Liu, who has acquired 4 million performance rights across four different classes, in addition to holding 100,000 ordinary shares and 1 million unlisted options. These performance rights, which are part of the company’s Performance Rights Plan, were issued as non-cash consideration and are contingent on meeting certain performance targets. This change reflects Liu’s vested interest in the company’s success following shareholder approval at the annual general meeting.
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