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Uscom Limited Director Increases Stake with New Performance Rights

Uscom Limited Director Increases Stake with New Performance Rights

Uscom Limited (AU:UCM) has released an update.

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Uscom Limited has announced a change in the interest of its director, Robert Allan Phillips, who has acquired 9,670,117 performance rights in lieu of a $250,027 salary payment. This acquisition, approved at the company’s 2024 AGM, adds to his existing holding of over 84 million ordinary shares. This move signifies a strategic alignment of interests between the director and the company’s long-term goals.

For further insights into AU:UCM stock, check out TipRanks’ Stock Analysis page.

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