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GenusPlus Seeks ASX Quotation for New Employee Incentive Shares

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GenusPlus Seeks ASX Quotation for New Employee Incentive Shares

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The latest update is out from GenusPlus Group Ltd. ( (AU:GNP) ).

GenusPlus Group Ltd has applied to the ASX for quotation of 62,240 new fully paid ordinary shares under its employee incentive scheme. The newly issued securities are not subject to transfer restrictions, indicating the company is continuing to use equity-based remuneration to incentivise staff and align employee interests with shareholder value, although the small number of shares suggests a limited impact on overall capital structure.

The most recent analyst rating on (AU:GNP) stock is a Buy with a A$7.50 price target. To see the full list of analyst forecasts on GenusPlus Group Ltd. stock, see the AU:GNP Stock Forecast page.

More about GenusPlus Group Ltd.

Average Trading Volume: 239,730

Technical Sentiment Signal: Hold

Current Market Cap: A$1.1B

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

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