Remuneration but not the grant of Performance right. I wish Ryan all the best to achieve 100% full vesting of the performance right shares. It is tied to 3 years achievement goals…
”Today, under item 5 of the agenda, we are seeking shareholder approval to grant1,026,000 performance rights to Ryan under the FY25 Long Term Incentive Plan. Thenumber of performance rights is calculated using the December 2024 VWAP of A$2.31.These rights are subject to vesting conditions based on Total Shareholder Return andRevenue CAGR, measured over a three-year period. Ryan’s total remuneration includesa fixed component of $600,000, an STI opportunity of $600,000 (with a maximum of150% of fixed pay), and the proposed LTI grant valued at $1.5 million.”
APX Price at posting:
$1.21 Sentiment: Hold Disclosure: Held
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(20min delay)