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Image Resources NL Corrects AGM Notice on Performance Rights

Story Highlights
  • Image Resources NL corrects AGM notice regarding VWAP dates for performance rights.
  • Correction affects voting on Resolution 6, involving 6,643,060 performance rights for Mr. Mutz.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Image Resources NL Corrects AGM Notice on Performance Rights

Confident Investing Starts Here:

Image Resources NL ( (AU:IMA) ) just unveiled an update.

Image Resources NL announced a correction to its Notice of Annual General Meeting, specifically regarding the dates used for the Volume Weighted Average Price (VWAP) calculation related to the issuance of long-term incentive performance rights for FY 2025. The correction ensures accurate shareholder consideration for voting on Resolution 6, which involves the proposed issuance of 6,643,060 performance rights to Mr. Mutz, based on performance conditions tied to share price appreciation and total shareholder return. The company confirmed that aside from this correction, all other resolutions in the Notice remain unchanged.

More about Image Resources NL

Image Resources NL is a company operating in the mining industry, primarily focused on the production and sale of heavy mineral concentrates. The company is listed on the Australian Securities Exchange (ASX) under the ticker IMA.

Average Trading Volume: 448,888

Technical Sentiment Signal: Sell

Current Market Cap: A$92.38M

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

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