Serko Ltd. Expands Shares Through RSU Vesting

Serko Ltd. (SERKF) has released an update.

Serko Limited has issued 34,005 new ordinary shares upon the vesting of the same number of Restricted Share Units (RSUs) as part of the company’s Long Term Incentive Scheme. This issuance slightly expands Serko’s total outstanding shares to 122,522,430, while the remaining RSUs under the scheme now total 4,697,727. The shares issued are fully paid and rank equally with existing ordinary shares, with no cash consideration required from the employees receiving them.

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