Yancoal updates 2023 LTIP: 16,001 rights exercised, 82,291 still outstanding

Bulletin Express05-18 15:43

Yancoal Australia Ltd announced that participants in its 2023 Long-Term Incentive Plan (2023 LTIP) exercised all 16,001 vested performance share rights on 11 May 2026. These rights were settled through the transfer of existing Yancoal shares, bringing the total number of vested rights now outstanding to 82,291.

The exercise follows the company’s earlier disclosure on 12 May 2026 regarding the status of its 2023 LTIP rights and represents the latest adjustment to its incentive-based equity instruments.

No additional changes to the terms of the 2023 LTIP were disclosed in the announcement issued on 18 May 2026.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment