SciDev Ltd (AU:SDV) has released an update.
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SciDev Ltd has announced the issuance of 2,234,636 new performance rights under their FY2024 Employee Incentive Scheme, set to take place on August 28, 2024. These securities are unquoted, which means they are not intended to be traded on the Australian Securities Exchange (ASX). The performance rights represent potential future ownership stakes for employees, aligning with their performance targets for the fiscal year 2024.
For further insights into AU:SDV stock, check out TipRanks’ Stock Analysis page.