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Simonds Group Issues 2.9 Million Unquoted Performance Rights Under Employee Incentive Scheme

Story Highlights
  • Simonds Group has issued 2,893,023 unquoted performance rights under its employee incentive scheme.
  • The grant aligns employee and shareholder interests and may affect future dilution and remuneration costs.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Simonds Group Issues 2.9 Million Unquoted Performance Rights Under Employee Incentive Scheme

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The latest update is out from Simonds Group Ltd. ( (AU:SIO) ).

Simonds Group Limited has notified the market of the issue of 2,893,023 unquoted performance rights under its employee incentive scheme, which are not intended to be quoted on the ASX. The new performance rights, issued on 18 December 2025, reflect the company’s ongoing use of equity-based incentives to remunerate and retain staff, potentially aligning employee interests more closely with those of shareholders and affecting future share-based compensation expenses and dilution levels.

The most recent analyst rating on (AU:SIO) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on Simonds Group Ltd. stock, see the AU:SIO Stock Forecast page.

More about Simonds Group Ltd.

Average Trading Volume: 58,641

Technical Sentiment Signal: Sell

Current Market Cap: A$50.39M

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

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