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Praemium Confirms Lapse of 1.6 Million Performance Rights

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Praemium Confirms Lapse of 1.6 Million Performance Rights

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Praemium Ltd ( (AU:PPS) ) has provided an announcement.

Praemium Limited has notified the market that a total of 1,617,385 performance rights (ASX code PPSAO) have lapsed. The conditional rights to securities expired because their vesting conditions were not met or became incapable of being satisfied as at 5 February 2026, resulting in a reduction in potential future share issuance and a corresponding tightening of Praemium’s prospective capital base.

The most recent analyst rating on (AU:PPS) stock is a Buy with a A$1.15 price target. To see the full list of analyst forecasts on Praemium Ltd stock, see the AU:PPS Stock Forecast page.

More about Praemium Ltd

Average Trading Volume: 723,018

Technical Sentiment Signal: Buy

Current Market Cap: A$368M

Learn more about PPS stock on TipRanks’ Stock Analysis page.

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