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An announcement from Kuniko Ltd. ( (AU:KNI) ) is now available.
Kuniko Ltd. has informed the market that 1,880,000 performance rights, trading under ASX code KNIAC, have ceased due to the lapse of conditional rights that could no longer be satisfied.
The cessation of these performance rights reduces Kuniko’s pool of potential future equity, slightly altering its fully diluted capital structure and potentially affecting the alignment and incentives of holders whose rights have now expired.
More about Kuniko Ltd.
Kuniko Ltd. is an ASX-listed company (code KNI). The announcement relates to its issued capital structure and the treatment of certain performance-based equity securities granted by the company.
Average Trading Volume: 721,356
Technical Sentiment Signal: Sell
Current Market Cap: A$7.11M
For detailed information about KNI stock, go to TipRanks’ Stock Analysis page.