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Metal Powder Works Limited Issues Employee Options

Story Highlights
  • Metal Powder Works Limited issues unquoted securities for an employee incentive scheme.
  • The company is issuing 108,750 employee options expiring in 2030 to motivate and retain staff.
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Metal Powder Works Limited Issues Employee Options

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K-TIG Ltd ( (AU:MPW) ) just unveiled an announcement.

Metal Powder Works Limited has announced the issuance of unquoted securities as part of an employee incentive scheme. The company is issuing 108,750 employee options that will expire on September 19, 2030, which are not intended to be quoted on the ASX. This move is likely aimed at motivating and retaining employees by offering them a stake in the company’s future success.

More about K-TIG Ltd

Average Trading Volume: 408,140

Technical Sentiment Signal: Hold

Current Market Cap: A$630.5M

See more insights into MPW stock on TipRanks’ Stock Analysis page.

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