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NGX Limited ( (AU:NGX) ) has provided an announcement.
NGX Limited has announced the issuance of unquoted equity securities as part of an employee incentive scheme. The company is issuing 500,000 options expiring in 2027 and another 500,000 options expiring in 2028, which are not yet quoted on the ASX due to transfer restrictions. This move is likely aimed at motivating and retaining employees by offering them a stake in the company’s future growth, potentially strengthening NGX Limited’s position in the market.
More about NGX Limited
Average Trading Volume: 43,172
Technical Sentiment Signal: Buy
See more data about NGX stock on TipRanks’ Stock Analysis page.