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SportsHero Ties Executive Options to Revenue and EBIT Performance Targets

Story Highlights
  • SportsHero will grant 20.5 million performance-based options to directors and its secretary.
  • The options vest on continued employment and strict revenue and EBIT growth targets, aligning pay with performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SportsHero Ties Executive Options to Revenue and EBIT Performance Targets

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SportsHero Limited ( (AU:SHO) ) has provided an announcement.

SportsHero Limited plans to grant a total of 20.5 million share options to its directors and company secretary, subject to shareholder approval at the next annual general meeting, as part of a performance-linked incentive structure. The options, exercisable at $0.05 within four years, will vest in tranches tied to continued employment and the achievement of specific group revenue and EBIT targets over six-month periods, signalling the company’s focus on aligning executive remuneration with growth and profitability milestones that could materially impact shareholder value.

The most recent analyst rating on (AU:SHO) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on SportsHero Limited stock, see the AU:SHO Stock Forecast page.

More about SportsHero Limited

SportsHero Limited is an integrated digital gaming and e-sports business focused on the South East Asia market, offering gaming and e-sports-related digital products and services to a regional audience.

Average Trading Volume: 821,165

Technical Sentiment Signal: Buy

Current Market Cap: A$47.39M

See more data about SHO stock on TipRanks’ Stock Analysis page.

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