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An announcement from GR Engineering Services Ltd ( (AU:GNG) ) is now available.
GR Engineering Services Limited has notified the market of the issue of 895,000 unquoted performance rights under its employee incentive scheme, effective 29 December 2025. The new performance rights, which will not be quoted on the ASX, form part of the company’s broader remuneration and retention framework, aligning staff incentives with long‑term company performance and potentially leading to future equity dilution for existing shareholders if vesting conditions are met.
The most recent analyst rating on (AU:GNG) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on GR Engineering Services Ltd stock, see the AU:GNG Stock Forecast page.
More about GR Engineering Services Ltd
GR Engineering Services Limited is an Australian engineering services company listed on the ASX under the code GNG. The company typically operates in the resources and mining-related engineering sector, providing design, construction and project delivery services for processing facilities and related infrastructure.
Average Trading Volume: 267,863
Technical Sentiment Signal: Buy
Current Market Cap: A$755.6M
Learn more about GNG stock on TipRanks’ Stock Analysis page.