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The latest announcement is out from Jaxsta Limited ( (AU:VNL) ).
Vinyl Group Ltd has notified the ASX of the issue of 3.6 million unquoted options expiring on 3 June 2026 with a zero exercise price, granted under an employee incentive scheme and not intended to be quoted on the exchange. The move signals the company’s continued use of equity-based remuneration to attract and retain key staff, potentially aligning management and employee incentives with long-term shareholder value but also introducing incremental dilution for existing investors as these options vest and are exercised.
The most recent analyst rating on (AU:VNL) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Jaxsta Limited stock, see the AU:VNL Stock Forecast page.
More about Jaxsta Limited
Vinyl Group Ltd, listed on the ASX under the code VNL, operates in the broader music and entertainment technology sector, providing digital services and products, including platforms tied to recorded music, rights management, or related creative industries. The company’s activities are typically supported by equity-based incentive structures designed to align employees with shareholder interests as it grows its footprint in this niche market.
Average Trading Volume: 248,717
Technical Sentiment Signal: Sell
Current Market Cap: A$111.2M
For a thorough assessment of VNL stock, go to TipRanks’ Stock Analysis page.