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Janison Education Group Ltd. ( (AU:JAN) ) has provided an update.
Janison Education Group has notified the market of the cessation of a tranche of performance rights as part of an update to its issued capital. A total of 1,379,072 performance rights have lapsed or otherwise ceased, including 1,379,071 JANAE performance rights expiring in 2037 that lapsed because vesting conditions were not met or had become incapable of being satisfied, and one JANAH performance right expiring in 2040 that has also ceased. The announcement reflects a tidy‑up of the company’s equity-based incentive arrangements and results in a modest reduction in potential future share dilution for existing shareholders.
The most recent analyst rating on (AU:JAN) stock is a Hold with a A$0.21 price target. To see the full list of analyst forecasts on Janison Education Group Ltd. stock, see the AU:JAN Stock Forecast page.
More about Janison Education Group Ltd.
Janison Education Group Limited is an Australia-based education technology company listed on the ASX under the code JAN. The company develops and delivers online assessment and learning platforms used by educational institutions, governments and corporate clients, focusing on digital examination and assessment services.
Average Trading Volume: 48,286
Technical Sentiment Signal: Sell
Current Market Cap: A$55.88M
See more data about JAN stock on TipRanks’ Stock Analysis page.