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MoneyMe Ltd. ( (AU:MME) ) has issued an update.
MoneyMe Limited has reported the cessation of a total of 8,278,091 performance rights on issue, comprising 1,982,764 rights cancelled by agreement with the holders and a further 6,295,327 rights that lapsed after the relevant conditions were not, or could no longer be, satisfied. The move effectively reduces the company’s pool of outstanding performance rights, which may have implications for dilution levels and indicates that certain performance or vesting hurdles tied to these securities were not met or were renegotiated, potentially reflecting shifts in remuneration structures or performance outcomes for senior executives and other right holders.
The most recent analyst rating on (AU:MME) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on MoneyMe Ltd. stock, see the AU:MME Stock Forecast page.
More about MoneyMe Ltd.
MoneyMe Limited is an ASX-listed financial services company operating under the ticker MME. While this notice does not detail its products, the group is part of the broader financial sector and its listed securities structure includes performance rights issued to stakeholders as part of its capital and remuneration framework.
Average Trading Volume: 818,593
Technical Sentiment Signal: Sell
Current Market Cap: A$91.28M
Find detailed analytics on MME stock on TipRanks’ Stock Analysis page.