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Viva Energy Group Ltd. ( (AU:VEA) ) has shared an announcement.
Viva Energy Group Ltd. has notified the market of the issue of 1,190,619 unquoted deferred share rights under its employee incentive scheme. The new securities, which are not intended to be quoted on the ASX, were issued on 23 March 2026 and form part of the company’s ongoing equity-based remuneration for staff.
The issuance of these deferred share rights reflects Viva Energy’s continued use of equity incentives to align employee interests with those of shareholders. While the securities will not be listed, the move modestly increases the company’s pool of unquoted equity and underscores its focus on retaining and motivating key personnel in a competitive energy market.
The most recent analyst rating on (AU:VEA) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Viva Energy Group Ltd. stock, see the AU:VEA Stock Forecast page.
More about Viva Energy Group Ltd.
Viva Energy Group Ltd. is an energy company listed on the ASX under the code VEA. The group operates in the fuel and energy sector, focusing on the supply of petroleum products and related services to the Australian market.
YTD Price Performance: 17.41%
Average Trading Volume: 6,287,395
Technical Sentiment Signal: Buy
Current Market Cap: A$3.83B
For a thorough assessment of VEA stock, go to TipRanks’ Stock Analysis page.