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An announcement from Jaxsta Limited ( (AU:VNL) ) is now available.
Vinyl Group Ltd has notified the market that it will issue 30 million unquoted options, exercisable at $0.01 and expiring on 28 November 2032. The new options, which are part of a previously flagged transaction and will not be quoted on the ASX, represent a fresh equity-based incentive or funding mechanism that may lead to future dilution for existing shareholders if exercised, while potentially aligning recipients’ interests with the company’s long‑term performance.
More about Jaxsta Limited
Average Trading Volume: 327,598
Technical Sentiment Signal: Sell
Current Market Cap: A$119M
See more data about VNL stock on TipRanks’ Stock Analysis page.