Treasury Wine Estates Limited (AU:TWE) has released an update.
Treasury Wine Estates Limited has announced the issue of 109,899 deferred share rights under an employee incentive scheme. These rights, detailed in the company’s recent Appendix 3G filing, are unquoted equity securities and were issued at the start of the year. This move is part of the company’s strategy to incentivize employees, but the securities are not intended to be quoted on the ASX.
For further insights into AU:TWE stock, check out TipRanks’ Stock Analysis page.
