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Magontec Limited Issues Employee Incentive Securities
Company Announcements

Magontec Limited Issues Employee Incentive Securities

Magontec Limited (AU:MGL) has released an update.

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Magontec Limited has announced the issuance of 324,807 unquoted performance rights on May 21, 2024, as part of their employee incentive scheme. These securities are not intended to be quoted on the ASX. The release indicates the company’s ongoing commitment to employee rewards and aligns with their growth strategy.

For further insights into AU:MGL stock, check out TipRanks’ Stock Analysis page.

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