tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Vinyl Group Issues 500,000 Unquoted Options Under Employee Incentive Scheme

Story Highlights
  • Vinyl Group has issued 500,000 unquoted options under its employee incentive scheme.
  • These options, exercisable at A$0.1541 by June 2026, align staff incentives with shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vinyl Group Issues 500,000 Unquoted Options Under Employee Incentive Scheme

Claim 50% Off TipRanks Premium

Jaxsta Limited ( (AU:VNL) ) just unveiled an announcement.

Vinyl Group Ltd has notified the market of the issue of 500,000 unquoted options under its employee incentive scheme, each exercisable at A$0.1541 and expiring on 3 June 2026. The new options, which are not intended to be quoted on the ASX, form part of the company’s ongoing use of equity-based remuneration to retain and incentivise staff, modestly increasing its pool of potential future shares and aligning employee interests with long-term shareholder value.

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 technology and media sector, with a focus on digital music and data services through platforms that support artists, labels and industry stakeholders. The company leverages software and data-driven products to provide tools and services to participants in the music and entertainment ecosystem.

Average Trading Volume: 248,717

Technical Sentiment Signal: Sell

Current Market Cap: A$111.2M

For detailed information about VNL stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1