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Shine Justice Flags Lapse of 274,772 Performance Rights

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Shine Justice Flags Lapse of 274,772 Performance Rights

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Shine Justice Ltd. ( (AU:SHJ) ) has shared an update.

Shine Justice Ltd has notified the market that 274,772 performance rights (ASX code SHJAA) have lapsed after the conditions attached to those rights were not satisfied or became incapable of being met. The cessation of these conditional securities reduces the company’s pool of potential future equity issuance under its performance rights arrangements, which may have implications for the structure and quantum of future equity-based remuneration for eligible participants but does not affect currently issued ordinary shares.

The most recent analyst rating on (AU:SHJ) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Shine Justice Ltd. stock, see the AU:SHJ Stock Forecast page.

More about Shine Justice Ltd.

Shine Justice Ltd is an Australian-listed company operating under the ASX code SHJ. While this announcement does not specify its activities, the group is known in the market as a legal services provider focused on compensation and social justice law across Australia.

Average Trading Volume: 40,717

Technical Sentiment Signal: Buy

Current Market Cap: A$116M

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

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