tiprankstipranks
Trending News
More News >

RPMGlobal Adjusts Employee Share Options Amid Strategic Divestment

Story Highlights
  • RPMGlobal Holdings announced changes in its employee share options, including lapses and accelerated vesting.
  • The adjustments are linked to the Advisory division divestment, affecting the company’s share capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
RPMGlobal Adjusts Employee Share Options Amid Strategic Divestment

RPMGlobal Holdings Ltd ( (AU:RUL) ) has shared an announcement.

RPMGlobal Holdings Limited announced the lapse, accelerated vesting, and exercise of options under its employee share option plan. A total of 718,966 options lapsed, 427,377 options vested and became exercisable, and 472,441 options were exercised, influenced by the divestment of the Advisory division. This adjustment reflects RPMGlobal’s strategic realignment and impacts its share capital, with 2,484,722 options currently on issue, representing approximately 1.12% of the company’s share capital.

More about RPMGlobal Holdings Ltd

RPMGlobal Holdings Limited (ASX: RUL) is a global leader in mining software solutions, advisory services, and professional development for the mining industry. Listed on the Australian Securities Exchange since 2008, RPM has been enhancing mining operations worldwide through innovative technology and expertise, supporting clients in over 125 countries to achieve safer, cleaner, and more efficient operations.

YTD Price Performance: -5.57%

Average Trading Volume: 386,397

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$633M

See more data about RUL stock on TipRanks’ Stock Analysis 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