tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Praemium Performance Rights Lapse, Reducing Potential Equity Dilution

Story Highlights
  • Praemium is a financial technology platform provider serving advisers and wealth managers.
  • The company reported 415,896 performance rights lapsing after vesting conditions were not satisfied.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Praemium Performance Rights Lapse, Reducing Potential Equity Dilution

Claim 70% Off TipRanks Premium

The latest announcement is out from Praemium Ltd ( (AU:PPS) ).

Praemium Limited has notified the market that 415,896 performance rights (PPSAO), which were due to expire on various dates, have lapsed after the conditions attached to those rights were not met or became incapable of being satisfied as of 6 January 2026. The cessation of these conditional securities effectively reduces the company’s potential future equity dilution from this tranche of performance rights and may reflect the non-achievement of specified performance hurdles tied to management or staff incentives, with implications for both capital structure and incentive alignment.

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

Praemium Limited is an Australian-listed financial services technology company that provides investment platforms and portfolio administration solutions. It primarily serves financial advisers, wealth managers and other investment professionals, supporting the management and reporting of client portfolios across various asset classes.

Average Trading Volume: 925,500

Technical Sentiment Signal: Buy

Current Market Cap: A$378M

For an in-depth examination of PPS stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1