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Urbanise.com Issues 3.6 Million Unquoted Rights Under Employee Incentive Plan

Story Highlights
  • Urbanise.com has issued 3,635,000 restricted share appreciation rights under its employee incentive scheme.
  • The unquoted rights support staff alignment with shareholders and may slightly dilute equity upon vesting and conversion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Urbanise.com Issues 3.6 Million Unquoted Rights Under Employee Incentive Plan

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An announcement from Urbanise.com ( (AU:UBN) ) is now available.

Urbanise.com Limited has notified the Australian Securities Exchange of the issue of 3,635,000 restricted share appreciation rights under its employee incentive scheme, which are unquoted securities and will not be listed on the exchange. The award of these rights highlights the company’s ongoing use of equity-linked incentives to align employees with shareholder interests and may have a modest dilutive impact if and when such rights vest and convert, reflecting standard practice among ASX-listed technology and software providers.

The most recent analyst rating on (AU:UBN) stock is a Sell with a A$0.50 price target. To see the full list of analyst forecasts on Urbanise.com stock, see the AU:UBN Stock Forecast page.

More about Urbanise.com

Urbanise.com Limited (ASX: UBN) is an Australian-listed technology company that provides software and digital solutions, with its securities traded on the Australian Securities Exchange. The company utilises equity-based employee incentive schemes as part of its approach to attracting, retaining and rewarding staff.

Average Trading Volume: 31,921

Technical Sentiment Signal: Hold

Current Market Cap: A$56.79M

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

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