Vmoto Limited (AU:VMT) has released an update.
Vmoto Limited has announced a significant change in the holdings of Director Yiting (Charles) Chen, with an increase of 758,620 shares and 5,069,930 performance rights as detailed in a recent filing. These changes are a result of shares issued in lieu of cash payment for director’s fees and performance rights issued under the Employee Long Term Incentive Plan, as approved by shareholders at the Annual General Meeting. Post-change, Chen’s total holdings amount to 46,766,530 shares and 8,345,885 performance rights.
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