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Zeotech Director Granted Major Tranche of Options and Performance Rights

Story Highlights
  • Zeotech disclosed that director Shane Graham received 20 million options and 30 million performance rights.
  • The sizeable equity-based awards align the director’s incentives with shareholders and underscore Zeotech’s use of performance-linked remuneration.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Zeotech Director Granted Major Tranche of Options and Performance Rights

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Zeotech Limited ( (AU:ZEO) ) has shared an update.

Zeotech Limited has disclosed a change in the interests of director Shane Michael Graham, detailing the issue of a substantial parcel of options and performance rights linked to the company’s employee securities incentive plan. Graham, through his superannuation vehicle and directly, now holds 20 million options and 30 million performance rights in various classes, representing a significant increase in equity-based remuneration that further aligns his incentives with long-term shareholder value and signals the company’s continued use of performance-linked securities to retain and motivate key executives.

The most recent analyst rating on (AU:ZEO) stock is a Buy with a A$0.15 price target. To see the full list of analyst forecasts on Zeotech Limited stock, see the AU:ZEO Stock Forecast page.

More about Zeotech Limited

Zeotech Limited is an Australian-listed company; this filing does not provide detail on its industry, products or services, or specific market focus beyond its operation of an employee securities incentive plan.

Average Trading Volume: 2,220,582

Technical Sentiment Signal: Buy

Current Market Cap: A$162.5M

Find detailed analytics on ZEO stock on TipRanks’ Stock Analysis page.

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