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PaySauce Limited ( (NZ:PYS) ) has provided an update.
PaySauce Limited has issued 424,098 new fully paid ordinary shares, representing about 0.26% of its total shares on issue, as part of its regular equity-based remuneration programmes. The new shares, which rank equally with existing stock, take the company’s total ordinary shares on issue to 164,670,092.
Of the total, 318,329 shares were allotted to employees under the quarterly Employee Share Scheme for fourth-quarter FY26 performance, reinforcing the company’s use of share-based incentives to reward staff. A further 43,269 shares were issued in lieu of director fees to one director and 62,500 shares were granted to the executive director of the Australian subsidiary on vesting of restricted share units, underscoring ongoing alignment of leadership compensation with shareholder interests.
More about PaySauce Limited
PaySauce Limited is a New Zealand-based payroll and employee management technology company listed on the NZX under ticker PYS. The company issues ordinary shares as part of its remuneration and incentive structures for employees, directors, and executives, reflecting a focus on equity-based compensation to support retention and performance across its group, including its Australian subsidiary.
Average Trading Volume: 8,939
Technical Sentiment Signal: Buy
Current Market Cap: N$42.7M
For a thorough assessment of PYS stock, go to TipRanks’ Stock Analysis page.