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Excite Technology Issues 95M Employee Incentive Rights

Cipherpoint Ltd (AU:EXT) has released an update.

Excite Technology Services Ltd has announced the issuance of 95 million new unquoted performance rights, set to be issued on September 20, 2024. These securities, part of an employee incentive scheme, will be restricted from transfer and won’t be quoted on the ASX until the restriction ends. The notice was officially released on September 23, 2024, signaling a potential shift in employee compensation strategy.

For further insights into AU:EXT stock, check out TipRanks’ Stock Analysis page.

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