XPON Technologies Group Ltd. (AU:XPN) has released an update.
Mark Simari, a director at XPON Technologies Group Ltd., has significantly increased his stake in the company through indirect interests, with the acquisition of 516,666 fully paid ordinary shares and 6,333,333 performance rights, along with 1,000,000 additional ordinary shares. These transactions, which include an allotment of placement shares and the issue of performance rights under the Employee Incentives Securities Plan, have a vesting schedule contingent on Simari’s ongoing directorship without resignation at specified future dates.
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