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Experience Co Grants 15 Million Options to Director Under Incentive Plan

Story Highlights
  • Experience Co director John O’Sullivan received 15 million options via company incentive plan.
  • His holdings now include shares, 3 million performance rights, and new options, reinforcing equity-based pay.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Experience Co Grants 15 Million Options to Director Under Incentive Plan

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Experience Co Ltd ( (AU:EXP) ) has provided an announcement.

Experience Co Limited has disclosed a change in the interests of director John O’Sullivan, who has been granted 15,000,000 options under the company’s employee incentive plan via his indirect holdings through a superannuation fund and a family trust. Following the grant, O’Sullivan’s indirect interests comprise existing ordinary fully paid shares, 3,000,000 performance rights after the lapse of 2,500,000 rights, and the newly issued options with various exercise prices, underscoring the company’s continued use of equity-based remuneration to incentivise and retain key leadership without any on-market trading during the period.

The most recent analyst rating on (AU:EXP) stock is a Hold with a A$0.13 price target. To see the full list of analyst forecasts on Experience Co Ltd stock, see the AU:EXP Stock Forecast page.

More about Experience Co Ltd

Experience Co Limited is an Australian listed company operating in the adventure and leisure tourism sector, offering activities and experiences that are typically supported by employee equity incentive arrangements. The company uses share and option-based incentive plans to align management and director interests with those of shareholders, reflecting a focus on performance-driven growth in the tourism and experiences market.

Average Trading Volume: 245,004

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$90.73M

See more insights into EXP stock on TipRanks’ Stock Analysis page.

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