PhosCo Ltd (AU:PHO) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
PhosCo Ltd has announced the issuance of 2 million new ‘Performance Rights’ securities, which are set to be released on May 6, 2024. These securities are part of an employee incentive scheme and will not be quoted on the ASX. The issuance is aimed at bolstering the company’s employee compensation packages with additional unquoted equity options.
For further insights into AU:PHO stock, check out TipRanks’ Stock Analysis page.