Lion Energy Limited (AU:LIO) has released an update.
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Lion Energy Limited is renewing its Performance Rights program to incentivize directors and align their interests with shareholder value growth through a new share price target-linked package. The program’s renewal, which includes various tranches with different share price targets, is aimed at attracting and retaining qualified board members while preserving the company’s cash reserves. Shareholder approval will be sought at an upcoming general meeting for the program’s implementation.
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