Imdex Ltd (AU:IMD) has released an update.
Imdex Ltd has announced the issuance of shares to CEO Paul House as part of the Employee Rights Plan, following the satisfaction of performance requirements. This move sees Mr. House acquire an additional 424,962 ordinary shares at a deemed value of $2.097 each, significantly increasing his stake in the company to 1,936,458 ordinary shares and 1,601,088 performance rights.
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