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Regal Partners Issues Shares Following Performance Rights Vesting

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Regal Partners Issues Shares Following Performance Rights Vesting

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The latest update is out from VGI Partners Ltd. ( (AU:RPL) ).

Regal Partners Limited announced the vesting and conversion of 17,260,560 performance share rights under its Employee Incentive Plan, resulting in the issuance of 14,421,482 fully paid ordinary shares. This move reflects Regal’s compliance with relevant sections of the Corporations Act and indicates a strategic step to enhance employee engagement and align interests with the company’s long-term goals. The announcement underscores Regal’s commitment to maintaining transparency and regulatory adherence, potentially strengthening its market position and stakeholder confidence.

The most recent analyst rating on (AU:RPL) stock is a Buy with a A$3.55 price target. To see the full list of analyst forecasts on VGI Partners Ltd. stock, see the AU:RPL Stock Forecast page.

More about VGI Partners Ltd.

Regal Partners Limited is an ASX-listed specialist alternatives investment manager with over 20 years of experience. The company manages a variety of investment strategies, including long/short equities, private markets, real and natural assets, and credit and royalties. Regal Partners serves institutions, family offices, charitable groups, and private investors through its nine dedicated alternative investment management brands. The company employs approximately 180 staff, including over 80 investment professionals, across Australia and internationally.

Average Trading Volume: 966,867

Technical Sentiment Signal: Buy

Current Market Cap: A$1.02B

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

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