Mindflair plc Approves New Share Option Scheme to Drive Growth

Pires Investments ( (GB:MFAI) ) has issued an update.

Mindflair plc announced the successful approval of all resolutions at their recent General Meeting, including a new Share Option Scheme. This scheme involves the issuance of 41.5 million options, representing 7.8% of the company’s current issued share capital, to directors and employees, with vesting contingent on certain milestones. This move aims to align the interests of the management with shareholders and potentially enhances the company’s growth trajectory in the AI-focused investment landscape.

More about Pires Investments

Mindflair plc is an investment company focused on next-generation technology businesses centered on artificial intelligence. The company aims to build a portfolio with significant growth potential in sectors like the Internet of Things, Cyber Security, Machine Learning, Immersive Technologies, and Big Data, driven by increasing global demand.

YTD Price Performance: 37.50%

Average Trading Volume: 18,739,006

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £4.34M

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