PointsBet Executives Opt for Stock Over Cash Bonuses
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PointsBet Executives Opt for Stock Over Cash Bonuses

PointsBet Holdings Ltd. (AU:PBH) has released an update.

PointsBet Holdings Ltd. has applied for the quotation of new securities, with executives, including the Group CEO, electing to receive their FY24 Short-Term Incentive (STI) bonuses in restricted shares instead of cash, subject to a 12-month lock-up period. The company is set to quote 2,664,248 ordinary fully paid securities following approval at the Annual General Meeting. This move indicates a strong commitment from the leadership team, aligning their interests with the company’s long-term performance.

For further insights into AU:PBH stock, check out TipRanks’ Stock Analysis page.

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